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MarketAxess Reviews Sale Option
MarketAxess is weighing sale options.
MarketAxess is weighing sale options, Financial News reports. The move by the New York-based firm comes after parties expressed interest in buying the electronic bond trading platform.
If it decides to sell, MarketAxess is estimated to fetch nearly $1.5 billion. At present, JP Morgan Asset Management is the biggest shareholder in the firm, with about a 17.5% interest.
Click here for the story from Financial News.