MarketAxess Expands e-Trading Platform

MarketAxess Holdings has started electronic trading for preferred stocks and consumer-based asset-backed securities (ABS) on its e-trading platform. Liquidity to the platform is provided by 14 market-making dealers through the MarketAxess corporate bond platform.

About 100 institutional investors have signed up for ABS trading. ABS’ product coverage comprises credit cards, equipment leases, floor-plans, student loans, timeshares and autos.

Click here for the release from PR Newswire.