ICE Bonds and MarketAxess Connect Liquidity Networks to Bring Greater Efficiency to Municipal and Corporate Bond Markets
2024年8月6日 - 5:10AM
ビジネスワイヤ(英語)
Connectivity to provide access to deeper
liquidity in the fixed income markets
ICE Bonds, part of Intercontinental Exchange (NYSE: ICE), a
leading global provider of technology and data, and MarketAxess
Holdings Inc. (Nasdaq: MKTX), the operator of leading electronic
trading platforms for fixed-income securities, today announced
plans to connect their respective liquidity networks to bring
greater efficiency and access to deeper liquidity in fixed income
markets to the institutional and wealth management spaces.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240805612716/en/
With this announcement, ICE Bonds and MarketAxess plan to
establish unique connectivity to their respective protocols and
liquidity pools. This will enable ICE Bonds’ automated trading
system (ATS), ICE TMC, and MarketAxess’ Open Trading network to
communicate with each other, expanding the depth and reach for
their respective global user bases.
"This collaboration connects two mature liquidity networks in
fixed income markets to offer new trading and risk management
solutions for clients," said Pete Borstelmann, President of ICE
Bonds. "By combining our complementary strengths, we aim to offer
users expanded opportunities to access liquidity in corporate and
municipal bonds, enhancing market efficiency and benefiting
participants across both platforms."
By leveraging ICE Bonds’ established retail brokerage and wealth
management presence alongside MarketAxess’ leadership in
institutional trading, the interaction between liquidity pools aims
to enhance price transparency, best execution, and overall market
liquidity for all participants.
"We look forward to delivering enhanced value and innovation to
our clients through this collaboration," said Rich Schiffman,
Global Head of Trading Solutions at MarketAxess. "Our joint efforts
are focused on providing access to deeper liquidity across
municipal and corporate bonds and diversifying trading options for
participants in our marketplace.”
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. 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.
The press release may contain forward-looking statements,
including statements within the meaning of the “safe harbor”
provisions of the United States Private Securities Litigation
Reform Act of 1995 with respect to the proposed collaboration,
including statements regarding the connection of liquidity networks
and the anticipated benefits of such connection. These and other
statements that relate to future events are based on MarketAxess’
current expectations. The Company undertakes no obligation to
update any forward-looking statements, whether as a result of new
information, future events or otherwise. More information about the
factors affecting MarketAxess’ business and prospects are contained
in MarketAxess’ periodic filings with the Securities and Exchange
Commission and can be accessed at www.marketaxess.com.
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune
500 company that designs, builds, and operates digital networks
that connect people to opportunity. We provide financial technology
and data services across major asset classes helping our customers
access mission-critical workflow tools that increase transparency
and efficiency. ICE’s futures, equity, and options exchanges
-- including the New York Stock Exchange -- and clearing
houses help people invest, raise capital and manage risk. We
offer some of the world’s largest markets to trade and clear energy
and environmental products. Our fixed income, data services
and execution capabilities provide information, analytics and
platforms that help our customers streamline processes and
capitalize on opportunities. At ICE Mortgage Technology, we
are transforming U.S. housing finance, from initial consumer
engagement through loan production, closing, registration and the
long-term servicing relationship. Together, ICE transforms,
streamlines, and automates industries to connect our customers to
opportunity.
Trademarks of ICE and/or its affiliates include Intercontinental
Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.
Information regarding additional trademarks and intellectual
property rights of Intercontinental Exchange, Inc. and/or its
affiliates is located here. Key Information Documents for
certain products covered by the EU Packaged Retail and
Insurance-based Investment Products Regulation can be accessed on
the relevant exchange website under the heading “Key Information
Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995 -- Statements in this press release regarding
ICE's business that are not historical facts are "forward-looking
statements" that involve risks and uncertainties. For a discussion
of additional risks and uncertainties, which could cause actual
results to differ from those contained in the forward-looking
statements, see ICE's Securities and Exchange Commission (SEC)
filings, including, but not limited to, the risk factors in ICE's
Annual Report on Form 10-K for the year ended December 31, 2023, as
filed with the SEC on February 8, 2024.
About ICE Bonds
Trading and execution services are offered through ICE Bonds
Securities Corporation or ICE Bonds, member FINRA, MSRB and SIPC.
The information found herein, has been prepared solely for
informational purposes and should not be considered investment
advice, is neither an offer to sell nor a solicitation of an offer
to buy any financial product(s), is intended for institutional
customers only and is not intended for retail customer use.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240805612716/en/
Media: Marisha Mistry for MarketAxess +1 917 267 1232
mmistry@marketaxess.com
Damon Leavell for ICE damon.leavell@ice.com (212) 323-8587
media@ice.com
Investor: Stephen Davidson for MarketAxess +1 212 813
6313 sdavidson2@marketaxess.com
Katia Gonzalez for ICE katia.gonzalez@ice.com (678) 981-3882
investors@ice.com
MarketAxess (NASDAQ:MKTX)
過去 株価チャート
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MarketAxess (NASDAQ:MKTX)
過去 株価チャート
から 9 2023 まで 9 2024