About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

MarketAxess Develops Portfolio Trading Solution to Automate Workload

Subscribe to our newsletter

MarketAxess, operator of an electronic trading platform for fixed income securities and provider of market data and post-trade services for global fixed income markets, is developing a platform designed to reduce the manual workload of portfolio trades and improve competitive pricing.

As a result of feedback from clients performing portfolio trades, an uptick in portfolio trading across the fixed income market, and growth in fixed income ETFs, MarketAxess plans to launch a portfolio trading solution in the autumn of 2019. Feedback stated that portfolio trades were based on spreadsheets, then emailed to appropriate parties, a predominantly manual process.

John Keller, ETF product manager at MarketAxess, says: “Right now, the way portfolio trades are happening is that they’re generally on spreadsheets that are built by traders at asset management firms and are then emailed to one or more broker dealer requesting prices back on the entire portfolio. If they’re sent to more than one dealer, as the responses come in, they’re copied and pasted from individual spreadsheets to a master spreadsheet with price and spread comparisons. If any line items are countered, spreadsheets are emailed back again, so it’s a very manual process.”

The company’s portfolio trading platform will automate manual processes, which will increase speed and reduce potential for error. In terms of competitive pricing, the platform will enable clients to show their portfolios to more than one counterparty. The nature of time-consuming manual processes means clients are often limited in the number of counterparties with which they can share spreadsheets.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The future of market data – Harnessing cloud and AI for market data distribution and consumption

Market data is the lifeblood of trading, but as data volumes grow and real-time demands increase, traditional approaches to distribution and consumption are being pushed to their limits. Cloud technology and AI-driven solutions are rapidly transforming how financial institutions manage, process, and extract value from market data, offering greater scalability, efficiency, and intelligence. This webinar,...

BLOG

FINBOURNE Integrates Agentic AI via MCP to Enable Secure, Real-Time Investment Operations

FINBOURNE Technology has integrated with Claude, the large language model developed by Anthropic, via the Model Context Protocol (MCP), enabling secure, agentic AI across investment operations. The integration allows AI agents to access live investment data, automate workflows, and perform real-time actions while maintaining enterprise-grade governance, compliance, and auditability. Introduced in late 2023, MCP is...

EVENT

AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...