MarketAxess Holdings Inc., an operator of an electronic trading platform for fixed-income securities, has launched Axess IQ Connect globally. This new web-based application is designed for Private Banks and Wealth Managers, providing client advisors with a direct connection to their trading desks from any device.
Axess IQ Connect serves as an extension of Axess IQ, an existing Execution Management System (EMS) and order workflow solution that enhances speed, efficiency, and transparency in fixed-income trading for Private Banks. The application allows wealth management advisors to access actionable bond data, facilitating quicker responses to market movements and more effective management of fixed-income exposure.
The platform offers transparent, direct access to live market insights, including high-quality liquidity data and bond pricing powered by CP+, MarketAxess’s AI-powered real-time pricing engine. Advisors also gain real-time visibility into their order queue. Erik Tham, Head of Product Management, Global Private Banking at MarketAxess, stated that Axess IQ Connect was developed to meet the demands of modern financial advisors who require real-time access to market insights.
Additional features of Axess IQ Connect include interactive watchlists and an optional order management function. This function enables advisors to submit client orders directly from Axess IQ Connect into their trading desk’s Axess IQ order queue, with real-time tracking of execution status from entry to completion.
MarketAxess, founded in 2000, provides a diversified pool of liquidity and cost savings to approximately 2,100 institutional investors and broker-dealers across global fixed-income markets. The company leverages patented technology and offers automated and algorithmic trading solutions, integrated data, and an Open Trading® marketplace.
