Market review: The algorithmic acquisition flurry among fixed income trading venues
Following two major announcements this year, The TRADE speaks to the trading venues hoping to dominate the evolving fixed income algo trading sphere.
Following two major announcements this year, The TRADE speaks to the trading venues hoping to dominate the evolving fixed income algo trading sphere.
With ongoing advances in technology, Wesley Bray explores the use of AI in fixed income, how it can help target liquidity and the shifting role of the trader as it adapts to work in tandem with new technologies.
Learn more about the four firms shortlisted for The TRADE’s 2023 Editors’ Choice Award for Outstanding Fixed Income Trading Venue: including Bloomberg, Euronext MTS Markets, MarketAxess and Tradeweb.
Initial focus is on the local currency markets of Poland, Czech Republic, Hungary and South Africa.
As the buy-side increasingly seek higher quality and comprehensive data, providers are answering the call, focused on enhancing their services and increasing their scope.
Aquis Exchange and MarketAxess announced deals to acquire equities block trading start-up OptimX and algorithmic trading provider Pragma, respectively.
Transaction is expected to close in the fourth quarter; follows first client algorithmic trade in US credit on multi-protocol automated execution solution Adaptive Auto-X.
Move comes as part of MarketAxess’ continued push towards zero touch trading; next phase of the Adaptive Auto-X pilot has also been announced, which will provide increased liquidity-seeking strategies.
Head of EMEA and APAC and chief executive UK at MarketAxess Christophe Roupie sits down with The TRADE to explore fixed income sentiment and the role the market backdrop is playing in its evolution.
The move comes two weeks after MarketAxess confirmed its JV with Bloomberg and Tradeweb to become the fixed income consolidated tape provider in the EU.