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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.