npressfetimg-2219.png
Posted By Data intelligence Posted On

MarketAxess Expands Data Intelligence Suite With Launch of Tradable Index – GlobeNewswire

Ny, March 16, 2022 (GLOBE NEWSWIRE) — MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of A quantity one digital buying and promoting platform for fixed-income securities, and the supplier of market knowledge and submit-commerce providers for The worldwide fixed-income markets, right now introduced the launch of the MKTX U.S. Funding Grade 400 Agency Bond Index (MKTX 400 Index). The launch of MarketAxess’ first tradable index underscores The corporate’s prolonged-time period dedication to creating revolutionary and actionable knowledge options Inside the fixed income market.

The MKTX 400 Index, administered by MarketAxess Utilized sciences Inc., tracks the efficiency of 400 U.S. greenagain denominated investment grade corporate bonds with greater-than-common liquidity relative to the broader U.S. corporate bond market. Powered by MarketAxess’ proprietary liquidity and pricing knowledge – Relative Liquidity Rating and Composite+™ pricing engine – the Index combines actionable liquidity with broad market publicity.

Chris Concannon, President and Chief Working Officer at MarketAxess, commented, “MarketAxess has A singular view into the conventionally fragmented And fewer liquid fixed income market. We’re leveraging our proprietary knowledge sources to assemble an index with enhanced liquidity, transparency and a extreme availability of the constituent bonds.”  

MarketAxess’ knowledge capabilities assist exact-time pricing, liquidity evaluation and valuation, permitting for greater transparency and tradability in index merchandise. The equipment of tradable and liquid indices extends past ETFs To reinformationrce portfolio features, Similar to tactical modifications, optimizing money positions, rebalancing, diversification, streamlined create/redeem processes and constructing block portfolios, As properly as to appearing as substitutes for CDX or TRS automobiles.   

Kat Sweeney, Head of Index and ETF Solutions at MarketAxess, added, “We’ve seen in our knowledge how index merchandise like ETFs are transforming the bond market, and we think about They are going to be an more and more important …….

Source: https://www.globenewswire.com/news-release/2022/03/16/2404302/28053/en/MarketAxess-Expands-Data-Intelligence-Suite-With-Launch-of-Tradable-Index.html