MarketAxess adds three to dealer group

Source: MarketAxess

MarketAxess Holdings Inc. (NASDAQ:MKTX), the operator of a leading electronic trading platform for U.S. and European high-grade corporate and emerging markets bonds, today announced the addition of RBS Greenwich Capital, a wholly-owned subsidiary of The Royal Bank of Scotland Group, as a dealer on its U.S. high-grade platform.

The company also announced the addition of Santander Investment Securities Inc. and ING Financial Markets as new dealers on MarketAxess' emerging markets platform.

RBS Greenwich Capital becomes the 18th dealer on the MarketAxess U.S. high-grade platform. Current dealers on the U.S. high-grade platform include ABN AMRO, Banc of America Securities, Barclays PLC, Bear Stearns, BNP Paribas, Citigroup Global Markets, Credit Suisse First Boston, Deutsche Bank Securities, Goldman Sachs, HSBC, J.P. Morgan Chase, Lehman Brothers, Merrill Lynch, Morgan Stanley, Spear Leeds & Kellogg, UBS and Wachovia Securities.

With the addition of Santander Investment Securities Inc. and ING Financial Markets to its emerging markets platform, MarketAxess will provide institutional investor clients with a central pool of aggregated liquidity from 18 leading emerging markets dealers. Current dealers on the MarketAxess emerging markets platform include ABN AMRO, Banc of America Securities, Barclays PLC, Bear Stearns, BNP Paribas, Citigroup Global Markets, Credit Suisse First Boston, Deutsche Bank Securities, Goldman Sachs, HSBC, J.P. Morgan Chase, Lehman Brothers, Merrill Lynch, Morgan Stanley, UBS and Wachovia Securities.

"At MarketAxess, we are committed to providing market-leading technology solutions, and unmatched liquidity, for the institutional credit markets we serve," said Richard McVey, Chairman and CEO of MarketAxess. "The additions of RBS Greenwich Capital, Santander Investment Securities Inc. and ING Financial Markets represent another important step to broaden our product offering for institutional investors."

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