MarketAxess Announces First Casada Trade Via RFQ
12 3월 2024 - 9:15PM
Business Wire
Fixed-Income E-Trading Platform Now Supports Full Range of
Brazilian Debt Instruments
MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a
leading electronic trading platform for fixed-income securities,
today announced the first client Casada trade executed via
Request-for-Quote (RFQ) protocol on their Emerging Markets (EM)
platform, with Safra as the buyside client. MarketAxess now
provides trading in the complete spectrum of Brazilian sovereign
debt instruments – including LFTs, LTNs, NTN-Fs and NTN-Bs.
This new comprehensive trading coverage comes as the Brazilian
secondary debt market trading volume soared to $20 billion in
trading ADV and more than $4 trillion in the aggregate in 2023,
according to the Brazilian National Treasury. As the dominant
protocol for fixed income electronic trading globally, the
introduction of trading Casada via RFQ by MarketAxess supports
greater liquidity discovery for local and international investors
trading Brazilian debt strategies. A private RFQ auction allows
investors to find transparency and liquidity on demand.
“We are extremely proud that we were able to support the
first-ever Casada trade via RFQ,” said Maria Calderon, Head of
Latin America Sales at MarketAxess. “This marks a pivotal moment
for our Emerging Markets platform and the entire firm as Brazil
represents one of the largest markets by value of bonds outstanding
within Latin America. We will continue to innovate our robust EM
platform with advances that we believe will benefit both onshore
LATAM investors and global investors.”
The MarketAxess EM platform has more than 1,600 market
participants in over 120 countries, with a worldwide liquidity pool
and 28 local currency bond markets. In Q4 2023, MarketAxess
launched Open Trading for local currency bonds to connect local
onshore dealers with a network of international buyside clients,
which significantly deepens the available liquidity pool.
MarketAxess continues to invest heavily in emerging markets like
Brazil, as this new diverse product range demonstrates the
commitment to local clients and dealers who have previously
expressed the need for RFQ protocols.
For more information, please visit:
https://www.marketaxess.com/trade/latin-america/brazil
About MarketAxess
MarketAxess (Nasdaq: MKTX) operates a leading electronic trading
platform that delivers greater trading efficiency, a diversified
pool of liquidity and significant cost savings to institutional
investors and broker-dealers across the global fixed-income
markets. Over 2,000 firms leverage MarketAxess’ patented technology
to efficiently trade fixed-income securities. Our automated and
algorithmic trading solutions, combined with our integrated and
actionable data offerings, help our clients make faster,
better-informed decisions on when and how to trade on our platform.
MarketAxess’ award-winning Open Trading® marketplace is widely
regarded as the preferred all-to-all trading solution in the global
credit markets. Founded in 2000, MarketAxess connects a robust
network of market participants through an advanced full trading
lifecycle solution that includes automated trading solutions,
intelligent data and index products and a range of post-trade
services. Learn more at www.marketaxess.com and on X
@MarketAxess.
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version on businesswire.com: https://www.businesswire.com/news/home/20240304722483/en/
INVESTOR RELATIONS Stephen Davidson MarketAxess
Holdings Inc. sdavidson2@marketaxess.com
MEDIA RELATIONS Marisha Mistry MarketAxess
Holdings Inc. mmistry@marketaxess.com
MarketAxess (NASDAQ:MKTX)
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부터 4월(4) 2024 으로 5월(5) 2024
MarketAxess (NASDAQ:MKTX)
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부터 5월(5) 2023 으로 5월(5) 2024