25 October 2016
Visit dh.com

MarketAxess granted 13th trading systems patent

25 June 2014  |  2080 views  |  0 Source: MarketAxess

MarketAxess Holdings Inc. (MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced the issuance of its thirteenth patent for electronic trading technology in credit instruments.

The latest patent (U.S. Patent No. 8,682,777) was granted for aspects of MarketAxess' "work-up" functionality between dealers on the platform, and provides additional patent protection for technology reflected in MarketAxess' current major trading functionalities. The new patent complements and supports existing patents granted to MarketAxess for client-to-dealer List Trading, alongside a broad portfolio of patents for electronically trading corporate securities.

Rick McVey, Chairman and CEO of MarketAxess, said: "This important patent augments our extensive patent portfolio for the core, proprietary electronic trading functionality we have developed for credit e-trading. Our first patent was awarded in 2009 for List Trading between investors and dealers, and we have subsequently been granted numerous patents for our pioneering trading technology. Most recently, our focus has been on developing technology for all-to-all trading and this latest patent recognizes a unique functionality that can support the dealer workflow on the platform."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Find out moreVisit VocaLink.com

Top topics

Most viewed Most shared
Visa treads on Swift's toes with blockchain pilot for high value paymentsVisa treads on Swift's toes with blockchai...
8771 views comments | 33 tweets | 38 linkedin
Monzo raises £4.8mMonzo raises £4.8m
8597 views comments
Visa tells Europe to be ready for 3-D Secure 2.0 by April 2018Visa tells Europe to be ready for 3-D Secu...
7899 views comments | 12 tweets | 27 linkedin
CBA and Wells Fargo combine blockchain and IoT to revolutionise trade financeCBA and Wells Fargo combine blockchain and...
7857 views comments | 26 tweets | 28 linkedin
The payments cake is growingThe payments cake is growing
7803 views comments | 6 tweets | 11 linkedin

Featured job

Basic £100-120K plus significant MBO and quota Bon...
London based with substantial international travel

Find your next job