MarketAxess Holdings has rolled out an enhanced institutional credit trading system. The operator of electronic trading platform for bonds and fixed income securities’ new platform permits credit default swap (CDS) trading.
The latest offering meets the requirements for registration as a swap execution facility and security-based swap execution facility under the Dodd-Frank Act. MarketAxess’ new trading system allows live streaming prices from multiple dealers for active contracts as well as request for quote for index and single names among others.
Click here for the release from MarketAxess.