Connectivity to as many broker-dealers as possible Ability to trade directly with many other institutional investors Trading technology that allows maximum flexibility in how to execute trades An independent, trustworthy trading venue with no affiliation with any particular broker-dealer or investment management firm
Answer: All of the above. MarketAxess enables over 1,000 dealers and institutional investors to trade credit in many different ways: client-to-multidealer (via RFQ and list trading), client-to-client (via Market Lists), and dealer-to-dealer (via anonymous RFQ and Flash Markets).
Implication: Given its established connectivity with the leading credit market participants, its status as an independently-governed, publicly-owned company, and its award-winning technology, MarketAxess is in the ideal position to help shape the future of credit trading for the benefit of all.