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词条 MarketAxess
释义

  1. History

  2. References

  3. External links

{{Multiple issues|{{COI|date=September 2018}}{{advert|date=September 2018}}
}}{{Infobox company
| name = MarketAxess
| logo = File:MarketAxess_logo.png
| industry = Financial Services
| founded = 2000
| founder = Richard McVey
| hq_location_city = New York City
| hq_location_country = United States
| key_people = Richard McVey, Chairman & Chief Executive Officer
| num_employees = 429
| website = http://www.marketaxess.com
}}MarketAxess Holdings Inc. (MarketAxess) is an international financial technology company that operates an electronic trading platform for the institutional credit markets,[1] and also provides market data and post-trade services.[2] It enables institutional investors and broker-dealers to trade credit instruments, including corporate bonds, and other types of fixed income products.[3]

MarketAxess was founded in 2000 by Richard McVey, who is still the company’s Chairman & Chief Executive Officer.[3] Headquartered in New York, MarketAxess has 429 employees[3] and serves clients in the Americas, Europe, Latin America and Asia.[1] Today, it is the market leader in the electronic trading of US corporate bonds, with 85% of investment-grade and 84% of high-yield debt traded electronically on its platform.[4] That equates to 20% of all corporate bond trading volume in the US.[5] As of April 2018, the company is valued at $8.5bn.[6]

History

McVey originally proposed the model for MarketAxess in 1999 as part of J.P. Morgan's Lab Morgan program, which was designed to back executives’ ideas for using web-based technology. He launched the company as an independent venture in 2000, with $24 million in capital which he’d raised from other market participants including Bear Stearns.[7]

In November that year, MarketAxess began trading investment-grade corporate bonds and gave investors access to new issues and research.[8]

In 2001, MarketAxess acquired Trading Edge Inc., which owned BondLink, a start-up bond company that had enabled investors to buy and sell bonds online.[8]

The company went public in 2004, with a stock value of $11 a share.

In 2012, MarketAxess announced a partnership to link up with BlackRock’s Aladdin platform, which hosts more than $10 trillion of client assets, as part of its plans to develop an ‘all-to-all’ electronic marketplace.[9]

That year it announced the launch of its all-to-all trading marketplace, Open Trading.[10]

In 2013, MarketAxess acquired London-based Trax, a provider of market data and post-trade services, including trade matching and regulatory reporting.[11]

In 2015, MarketAxess and BlackRock extended their Open Trading partnership, already in place in the US, to the European credit markets. The alliance, which benefits BlackRock clients using its Aladdin platform, aimed to improve liquidity and reduce transaction costs for European market participants.[12]

That year MarketAxess’s Open Trading platform had a record fourth quarter, with approximately 125,000 total transactions and an average daily traded volume of $831 million, up 86% from the previous year.[13]

In the summer of 2017, MarketAxess announced it was establishing an office in Amsterdam.[14]

In 2018, MarketAxess reported that January was a record month for electronic daily and monthly trading volumes on its platform, which it attributed in part to new regulatory reporting rules required by MiFID II, a regulation which came into force on 3 January.

In March the company announced the extension of its all-to-all Open Trading partnership with BlackRock to Asia, focused mainly on US dollar-denominated corporate and sovereign bonds and other securities traded by market participants in the region.[15]

References

1. ^{{cite web |url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=35676 |title=Company Overview of MarketAxess Corporation |author= |website=Bloomberg |publisher=Bloomberg L.P. |access-date=9 July 2018}}
2. ^{{cite news |last=McFarlane |first=Flora |date=9 February 2018 |title= MarketAxess reports record electronic trading volumes for January |url=https://www.fi-desk.com/marketaxess-reports-record-electronic-trading-volumes-for-january/ |work=The Desk |access-date=9 July 2018 }}
3. ^{{cite web |url=https://quotes.wsj.com/MKTX/company-people |title=MarketAxess Holdings Inc. |author= |website=The Wall Street Journal |publisher=Dow Jones & Company |access-date=9 July 2018}}
4. ^{{cite news |last1=Leising |first1=Matthew |last2=Smith |first2=Molly |date=15 February 2018 |title= Electronic Bond Trading Gains Ground |url=https://www.bloomberg.com/news/articles/2018-02-15/electronic-bond-trading-gains-ground-as-market-finally-matures |work=Bloomberg L.P. |access-date=9 July 2018 }}
5. ^{{cite news |last=Basar |first=Shanny |date=10 September 2017 |title= MarketAxess Looks Beyond MiFID II |url= https://www.marketsmedia.com/marketaxess-mifid-ii/ |work=Markets Media |access-date=9 July 2018 }}
6. ^{{cite news |last=Agini |first=Samuel |date=3 April 2018 |title=MarketAxess CEO Rick McVey: Building an $8.5bn fintech juggernaut |url=https://www.fnlondon.com/articles/an-audience-with-marketaxess-ceo-rick-mcvey-building-an-8-5bn-fintech-juggernaut-20180403 |work=Financial News |access-date=9 July 2018 }}
7. ^{{cite news |last=Tully |first=Shawn |date=4 December 2014 |title=The man behind the $7.7 trillion bond revolution |url=http://fortune.com/2014/12/04/marketaxess-holdings-ceo-rick-mcvey/ |work=Fortune |access-date=10 July 2018 }}
8. ^{{cite news |last=Zuckerman |first=Gregory |date=31 January 2001 |title=Market Axess to Buy Trading Edge, Create Large Online Bond Market |url=https://www.wsj.com/articles/SB980895345583552176 |work=The Wall Street Journal |access-date=10 July 2018 }}
9. ^{{cite news |last=Cave |first=Tim |date=14 April 2014 |title=Tradeweb toasts the Thomson years |url=https://www.fnlondon.com/articles/tradeweb-toasts-the-thomson-years-20140416 |work=Financial News |access-date=10 July 2018 }}
10. ^{{cite news |author= |title=Marketaxess bolsters bond trading platform in Asia |url=https://www.reuters.com/article/marketaxess-bonds-asia/marketaxess-bolsters-bond-trading-platform-in-asia-idUSL3N1BI1WL |work=Reuters |date=6 September 2016 |access-date=10 July 2018 }}
11. ^{{cite news |last1=Agini |first1=Samuel |last2=Sahloul |first2=Fareed |date=28 February 2017 |title=MarketAxess appoints head of Europe and Asia |url=https://www.fnlondon.com/articles/marketaxess-20170227 |work=Financial News |access-date=10 July 2018 }}
12. ^{{cite news |last=Daras |first=Marina |date=22 January 2015 |title=MarketAxess and BlackRock’s Open Trading Comes to Europe |url=https://www.waterstechnology.com/buy-side-technology/news/2391563/marketaxess-and-blackrocks-open-trading-comes-to-europe |work=Waters Technology |access-date=10 July 2018 }}
13. ^{{cite news |last=Porter |first=Tom |date=26 January 2017 |title=Buyside dominant price makers on MarketAxess |url=https://www.reuters.com/article/idUSL5N1FG2XG |work=Reuters |access-date=10 July 2018 }}
14. ^{{cite news |last=Rundle |first=James |date=16 April 2018 |title=Trax Registers Netherlands-Based Entity for APA |url=https://www.waterstechnology.com/industry-issues-initiatives/3589976/trax-registers-netherlands-based-entity-for-apa |work=Waters Technology |access-date=10 July 2018 }}
15. ^{{cite news |last=Dalal |first=Manju |date=7 March 2018 |title=Asian Bond Trading Gets a Push From BlackRock |url=https://blogs.wsj.com/moneybeat/2018/03/07/asian-bond-trading-gets-a-push-from-blackrock/ |work=The Wall Street Journal |access-date=10 July 2018 }}

External links

  • Official MarketAxess website

2 : 2000 establishments in New York City|Financial services companies based in New York City

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