Updated
Updated · Markets Media · Jun 22
MarketAxess Launches TraX Tape for Global Bond Data as UK, EU Transparency Rules Tighten
Updated
Updated · Markets Media · Jun 22

MarketAxess Launches TraX Tape for Global Bond Data as UK, EU Transparency Rules Tighten

3 articles · Updated · Markets Media · Jun 22

Summary

  • MarketAxess unveiled TraX Tape, a new feed that gives users a consolidated view of global bond trading activity through a single connection.
  • The product is aimed at improving transparency and trading decisions as UK and EU reforms reshape post-trade disclosure requirements.
  • TraX Tape adds directional indicators on each trade, earlier visibility into activity and clean, de-duplicated data to cut operational burden.
  • Integrated analytics including yield and spread calculations are designed to support execution analysis, extending the platform beyond raw trade reporting.

Insights

With a new UK bond tape also launching, can MarketAxess’s premium data tool justify its cost against the official feed?
MarketAxess stock has fallen 45%. Can its new AI-powered data solution finally reverse the company's fortunes?