March’s figures showed that a number of trading volume records were achieved throughout the month, including $12.7 billion for total credit average daily trading volume
BNP Paribas reported its securities services revenues came in at €2.2 billion for Q4 2020, an increase of the €544 million total in the bank’s Q3 financial results
MarketAxess has reported its monthly trading volume for January 2021 totalled $575.3 billion, which consisted of $236.5 billion in credit volume and $338.8 billion in rates volume
Quantitative Brokers is a fintech specialising in advanced execution algorithms and data-driven analytics for global futures, options and interest rate markets
Charles Schwab Investment Management and WisdomTree Asset Management are the first ETF issuers to sign-up Virtu's eNAV ETF analytics tool, which features MarketAxess’ Composite+ pricing engine
Axess IQ launched in November 2019 and has been imbued it with “further enhancements”, including the integration of Auto-X, the automated trading solution, and Composite+, an artificial intelligence-powered pricing engine, into its workflow
As the second regulatory service provider to leave the market this year, DB’s hub sale to MarketAxess is expected to inflate pricing and put pressure on clients to align with a single provider
MarketAxess says acquiring the Regulatory Reporting Hub will help to further expand and enhance its established services particularly in Germany, France and the Nordics