Supply: Broadway
Broadway, a number one supplier of high-performance front-office options, introduced it has partnered with MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a number one digital buying and selling platform for fixed-income securities, and the supplier of market knowledge and post-trade companies for the worldwide fixed-income markets, to construct and assist a U.S. Treasury Request for Quote (RFQ) workflow function within the MarketAxess U.S. Treasuries market.
The function is at the moment stay and out there to all joint clients.
The brand new integration builds on the prevailing MarketAxess Reside Markets Charges partnership and now consists of RFQ, giving mutual seller purchasers the flexibility to reply to UST inquiries from MarketAxess’ buyer base. The MarketAxess buying and selling ecosystem connects a trusted neighborhood of major and regional sellers, skilled buying and selling companies and buy-side purchasers to commerce on- and off-the-run U.S. Treasuries. It combines credit score and charges buying and selling capabilities right into a single resolution to provide investor and seller purchasers better flexibility in buying and selling throughout the fastened earnings universe.
“Broadway continues to take a position to convey our purchasers probably the most complete performance they should energy their fastened earnings buying and selling operations and attain a aggressive benefit,” stated Bruce Boytim, COO of Broadway. “With this new integration with MarketAxess, Broadway purchasers can now profit from a connection to one of many deepest liquidity swimming pools and community of over 1,900 companies across the globe.”