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

Refinitiv Redistributes MarketAxess Fixed Income Market Data Through Elektron

Subscribe to our newsletter

Refinitiv and MarketAxess have agreed to redistribute MarketAxess fixed income market data to Refinitiv’s customers via the Elektron Data Platform. The data made available through Refinitiv as a part of the agreement includes MarketAxess’ Composite+ and Axess All pricing tools.

Composite+ is an algorithmic pricing engine for corporate bonds that leverages a range of proprietary and industry data sources, with updates up to every 15 seconds on over 24,000 bonds. It combines public data from the FINRA Trade Reporting and Compliance Engine (TRACE) with proprietary data from the MarketAxess trading platform and Trax.

Axess All is an intra-day trade tape for the Europe fixed income markets. Sourced daily from over 30,000 bond transactions and powered by Trax post-trade services, Axess All displays aggregated volume and pricing for the most actively traded European fixed income instruments, providing some of the most robust European fixed income trade data available.

Brennan Carley, managing director for Enterprise at Refinitiv, says the addition of MarketAxess data to the Elektron Data Platform expands fixed income data choice for customers at a time when increasing electronification of the bond market and regulatory pressure to demonstrate best execution mean fixed income traders and investors need more data to power smarter trading engines, find an investment edge, and meet reporting obligations.

Chris Concannon, president and chief operating officer at MarketAxess concurs, noting the critical need for real-time, enhanced market data throughout the fixed income trading workflow. He comments: “Data based on liquidity and transactions will benefit the entire investment process and support better management of liquidity risk and portfolio execution performance.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to make the most of market data

Market data means different things to different organisations, it can be extremely expensive, and often comes with limited licensing contracts. It must be carefully sourced, governed, quality checked, and integrated. And it must be fit for purpose across a number of applications as it is increasingly used to not only meet regulatory obligations, but also...

BLOG

Bloomberg Uses Native Connectivity to Make Data License and B-PIPE Content Accessible to Microsoft Azure Clients

Bloomberg has released a service providing high-performance data to Bloomberg Enterprise Data customers using Microsoft Azure. The service offers access to both real-time trading data and reference, pricing, regulatory and point in time historical datasets via native connectivity to the Azure Virtual Network (VNet). The service includes content from B-PIPE, which was initially made available...

EVENT

RegTech Summit New York

Now in its 7th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

ESG Handbook 2023

The ESG Handbook 2023 edition is the essential guide to everything you need to know about ESG and how to manage requirements if you work in financial data and technology. Download your free copy to understand: What ESG Covers: The scope and definition of ESG Regulations: The evolution of global regulations, especially in the UK...