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MarketAxess Opens Office in São Paulo


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© Business Wire 2012
2012-04-10 13:02:21 -

MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for U.S. and European high-grade corporate bonds, emerging markets bonds and other types of fixed-income securities, today announced it has opened its office in São Paulo, Brazil. MarketAxess received authorization from the Comissão de Valores Mobiliários – CVM (Securities and Exchange Commission of Brazil) and the Central Bank of Brazil to offer e-trading of local currency debt in January of this year.

Sandy White, Emerging Markets Product Manager for MarketAxess, said, “We are pleased to expand our local presence in Brazil with the opening of our São Paulo office. Our clients are eager to trade in one of the world’s fastest growing debt markets. We are currently the

leading platform to offer electronic trading of Brazilian local market debt, and we are well positioned to advance electronic trading in Brazil. Our patented request-for-quote (RFQ) platform is the leading electronic trading platform for emerging market (EM) cash bonds and EM credit default swaps (CDS), connecting over 300 EM institutional investors and 29 EM market-making dealers globally. In 2011 we traded over $9 billion in Brazilian debt and look forward to further growing our electronic trading system in Brazil.”

Brazilian local currency government and corporate bonds are available on the MarketAxess trading platform. Global institutional investor clients can benefit from MarketAxess’ RFQ technology to request competitive, executable bids or offers from multiple broker-dealers, and execute with the dealer of their choice.


About MarketAxess

MarketAxess operates a leading electronic trading platform that enables investment industry professionals to efficiently trade corporate bonds and other types of fixed-income instruments. MarketAxess’ patented trading technology allows institutional investor clients to request competitive, executable bids or offers from multiple broker-dealers simultaneously, and to execute trades with the broker-dealer of their choice. Over 850 institutional investors are active users of the MarketAxess trading platform, accessing the global liquidity provided by MarketAxess’ 87 broker-dealer clients in U.S. high-grade corporate bonds, European bonds, high yield and emerging markets bonds, agency bonds, asset-backed and preferred securities and credit default swaps.
MarketAxess also offers a number of trading-related products and services, including: market data to assist clients with trading decisions; connectivity solutions that facilitate straight-through processing; technology services to optimize trading environments; and execution services for exchange-traded fund managers and other clients.

MarketAxess maintains its headquarters in New York and has offices in London, Chicago, Salt Lake City, Hong Kong, Singapore and São Paulo. For more information, please visit www.marketaxess.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .

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Business Contact – São Paulo:MarketAxessJennifer

Lima jlima@marketaxess.com : mailto:jlima@marketaxess.com orMedia

Contacts - US:MarketAxessFlorencia Panizza, +1
212-813-6029 fpanizza@marketaxess.com : mailto:fpanizza@marketaxess.com orWilliam
McBride & AssociatesJudith Flynn, +1 917-902-9726 jflynn@wmmcbride.com : mailto:jflynn@wmmcbride.com orUK:MHPCCharlie
Prichard, +44 (20) 3128 8554 marketaxess@mhpc.com : mailto:marketaxess@mhpc.com


Author:
Hossam Abdel-Kader
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