All-to-all is going local
MarketAxess now offers Open Trading for Emerging Market (EM) local
currency bonds. The expanded model allows for domestic settlement
through Euroclear. Clients can access increased liquidity through our
all-to-all network of counterparties through Open Trading in PLN, CZK,
HUF, and ZAR currencies. OMS integration is supported.
Open Trading®
for Emerging Market
local currency bonds
PLN, CZK, HUF, ZAR
Get ahead with
all-to-all trading
Achieve superior execution across a broad
range of securities. Unlock deeper liquidity
with either direct to dealer or in competition.
©2025 MarketAxess Holdings Inc. (the "Company"). MarketAxess Corporation is a member of FINRA and SIPC. MarketAxess Canada Company is a mem-
ber of the Canadian Investment Regulatory Organization (CIRO). MarketAxess Europe Limited (04017160), MarketAxess Capital Limited (09777893), and
MarketAxess Post-Trade Limited (01917944) are incorporated in England and Wales, and are each authorised and regulated by the Financial Conduct
Authority. MarketAxess NL B.V. (69592888) is incorporated in the Netherlands and is authorised and regulated by the Autoriteit Financiële Markten. Mar-
ketAxess Post-Trade B.V. (69597774) is incorporated in the Netherlands and is supervised by the European Securities and Markets Authority. MarketAx-
ess Singapore Pte. Limited (201702319R) is incorporated in Singapore and recognised by the Monetary Authority of Singapore. MarketAxess is a trading
name of the aforementioned entities. To the fullest extent permitted by applicable law, all warranties and representations are disclaimed. All information
presented herein is considered to be accurate at the time of writing, provided "as is" with no express or implied representations or warranties—includ-
ing without limitation in relation to fitness for purpose, accuracy, or completeness of contents. Whilst sources of information are believed to be reliable,
MarketAxess does not independently verify information obtained from third party sources. Any information presented is not intended to represent an
offer or solicitation of any financial instrument. For the purposes of clients accessing MarketAxess services from EU27 countries, this information is pro-
vided by MarketAxess NL B.V. and /or MarketAxess Post-Trade B.V., as appropriate. This information is for institutional investor use only, does not consti-
tute investment advice and may not be redistributed without the prior written consent of the Company or its subsidiaries. Under no circumstances may
this information be distributed to retail investors. Proprietary and confidential information of the Company—all forms of copying prohibited. Further
information on MarketAxess can be found on our website at marketaxess.com.
*Estimated price improvement consists of estimated liquidity taker price improvement (defined as the difference between the winning price and the
best disclosed dealer cover price) and estimated liquidity provider price improvement (defined as the difference between the winning price and then
current Composite+ bid or offer level, offer if the provider is buying, bid if provider is selling) at the time of the inquiry.
It’s never been simpler to find the
other side of the trade in Emerging Markets
Settlement option for all-in-scope markets:
Counterparties can instruct from their Euroclear or Clearstream
accounts facing the relevant MarketAxess Euroclear account; or from
their domestic accounts facing the relevant MarketAxess Euroclear
account domestic SSIs.
For support, please contact info@marketaxessfinance.com
We’re creating an Open Market of
global liquidity that empowers you to
trade smarter, increase capacity and
innovate your workflows.
Join us.
A greater choice of
global liquidity and cost savings
Be where the action is
Deeper liquidity,
better prices
A powerful network
1,700+global institutions
World’s leading all-to-all
trading marketplace for
fixed-income securities
$1Ttraded in FY2024
Average daily volume of
$4bn in FY2024 via
Open Trading
$490mm
in transaction price
improvement in FY2024*
Award-winning EM platform
$859bn
traded Emerging Markets
volume in FY2024
MarketAxess now offers Open Trading for Emerging Market (EM) local
currency bonds. The expanded model allows for domestic settlement
through Euroclear. Clients can access increased liquidity through our
all-to-all network of counterparties through Open Trading in PLN, CZK,
HUF, and ZAR currencies. OMS integration is supported.
Open Trading®
for Emerging Market
local currency bonds
PLN, CZK, HUF, ZAR
Get ahead with
all-to-all trading
Achieve superior execution across a broad
range of securities. Unlock deeper liquidity
with either direct to dealer or in competition.
©2025 MarketAxess Holdings Inc. (the "Company"). MarketAxess Corporation is a member of FINRA and SIPC. MarketAxess Canada Company is a mem-
ber of the Canadian Investment Regulatory Organization (CIRO). MarketAxess Europe Limited (04017160), MarketAxess Capital Limited (09777893), and
MarketAxess Post-Trade Limited (01917944) are incorporated in England and Wales, and are each authorised and regulated by the Financial Conduct
Authority. MarketAxess NL B.V. (69592888) is incorporated in the Netherlands and is authorised and regulated by the Autoriteit Financiële Markten. Mar-
ketAxess Post-Trade B.V. (69597774) is incorporated in the Netherlands and is supervised by the European Securities and Markets Authority. MarketAx-
ess Singapore Pte. Limited (201702319R) is incorporated in Singapore and recognised by the Monetary Authority of Singapore. MarketAxess is a trading
name of the aforementioned entities. To the fullest extent permitted by applicable law, all warranties and representations are disclaimed. All information
presented herein is considered to be accurate at the time of writing, provided "as is" with no express or implied representations or warranties—includ-
ing without limitation in relation to fitness for purpose, accuracy, or completeness of contents. Whilst sources of information are believed to be reliable,
MarketAxess does not independently verify information obtained from third party sources. Any information presented is not intended to represent an
offer or solicitation of any financial instrument. For the purposes of clients accessing MarketAxess services from EU27 countries, this information is pro-
vided by MarketAxess NL B.V. and /or MarketAxess Post-Trade B.V., as appropriate. This information is for institutional investor use only, does not consti-
tute investment advice and may not be redistributed without the prior written consent of the Company or its subsidiaries. Under no circumstances may
this information be distributed to retail investors. Proprietary and confidential information of the Company—all forms of copying prohibited. Further
information on MarketAxess can be found on our website at marketaxess.com.
*Estimated price improvement consists of estimated liquidity taker price improvement (defined as the difference between the winning price and the
best disclosed dealer cover price) and estimated liquidity provider price improvement (defined as the difference between the winning price and then
current Composite+ bid or offer level, offer if the provider is buying, bid if provider is selling) at the time of the inquiry.
It’s never been simpler to find the
other side of the trade in Emerging Markets
Settlement option for all-in-scope markets:
Counterparties can instruct from their Euroclear or Clearstream
accounts facing the relevant MarketAxess Euroclear account; or from
their domestic accounts facing the relevant MarketAxess Euroclear
account domestic SSIs.
For support, please contact info@marketaxessfinance.com
We’re creating an Open Market of
global liquidity that empowers you to
trade smarter, increase capacity and
innovate your workflows.
Join us.
A greater choice of
global liquidity and cost savings
Be where the action is
Deeper liquidity,
better prices
A powerful network
1,700+global institutions
World’s leading all-to-all
trading marketplace for
fixed-income securities
$1Ttraded in FY2024
Average daily volume of
$4bn in FY2024 via
Open Trading
$490mm
in transaction price
improvement in FY2024*
Award-winning EM platform
$859bn
traded Emerging Markets
volume in FY2024
