MarketAxess Launches E-Trading For ABS

MarketAxess Holdings has launched an electronic-trading platform for consumer-based asset-backed securities and preferred stocks, reports MarketAxess.

MarketAxess Holdings has launched an electronic-trading platform for consumer-based asset-backed securities and preferred stocks. ABS trading actually began in February, and now has 14 market-maker dealers providing liquidity to the platform and 100 institutional investor customers signed up to trade.

Click here to read the release from MarketAxess.