DEALERAXESS® DEALER-TO-DEALER HG TRADING
INSTANT ACCESS TO DEALER LIQUIDITY DealerAxess® is the cutting-edge electronic trading system from MarketAxess for the inter- dealer market. Traders can access and engage liquidity anonymously in three different ways, allowing for maximum choice and control: launch a request-for-quote (RFQ) for one or more bonds; click-to-trade (CTT) on prices streaming from dealers; or flash a two-sided market with firm and executable levels. New Inquiry (Aggressor Dealer)
PLATFORM HIGHLIGHTS • Instantly engage the entire DealerAxess network of over 110 dealers • Utilize existing routing rules and books, existing STP connectivity and existing trading APIs • No fees for liquidity providers • In addition to high-grade, support for trading across a wide range of fixed income products including high yield, emerging markets and agencies
Integrated BondTicker data for pre-trade price discovery
Response Screen (Liquidity-Providing Dealer)
ANONYMOUS RFQ HIGHLIGHTS • Quickly and efficiently match off line items with other traders • Locate additional sources of inventory across the MarketAxess dealer community without revealing your identity • Use the List Trading functionality to efficiently trade up to 40 line items at once
Flash Market Alert FLASH MARKETS - COMING SOON The DealerAxess Flash Markets functionality allows traders to launch one- or two-sided markets with firm and executable Flash Markets for levels for a pre-determined amount of time. A Flash Market High Grade trading Alert (see right) is sent automatically to individual traders will be available in that have asked to receive Alerts for those specific types of December 2012. bonds, and the first trader to respond to the Alert completes the trade with the originating dealer. Counter Offer (Aggressor Dealer) Trade Ticket (Aggressor Dealer)
The aggressor dealer can make a counter offer during the live auction MKTX serves as counterparty for anonymous RFQ trades
DEALERAXESS PARTICIPANTS FOR U.S. CORPORATE BONDS (ANONYMOUS TRADING ENABLED)
Barclays Capital, Inc. Interactive Brokers Corp. Odeon Capital Group LLC BB&T Capital Markets, a division of Scott & J.P. Morgan Securities Inc. Raymond James & Associates, Inc. Stringfellow Janney Montgomery Scott LLC RBC Capital Markets, LLC BNP Paribas Securities Corp. Jefferies & Company, Inc. RBS Securities Inc. BNY Mellon Capital Markets LLC Jefferies Bache Securities, LLC Scotia Capital (USA) Inc. Brownstone Investment Group, LLC Keefe, Bruyette & Woods, Inc. Sierra Pacific Securities C.L. King & Associates KeyBanc Capital Markets Inc. Southwest Securities Inc. Cambridge Intl. Securities, Inc. Knight Capital Americas, L.P. Sterne, Agee & Leach, Inc. Cantor Fitzgerald & Co. Lazard Capital Markets LLC Stifel, Nicolaus & Company, Inc. CIBC World Markets Corp. Loop Capital Markets, LLC StockCross Financial Services, Inc. Collins Stewart LLC LPL Financial LLC SumRidge Partners, LLC Cortview Capital Securities LLC Maxim Group LLC SunTrust Robinson Humphrey, Inc. Credit Suisse Securities (USA) LLC Merrill Lynch, Pierce, Fenner & Smith Inc. Susquehanna Financial Group, LLLP D.A. Davidson Mesirow Financial Inc. Tejas Securities Group Inc. Duncan Williams, Inc. Millennium Advisors, LLC The PrinceRidge Group LLC First Ballantyne, LLC Mitsubishi UFJ Securities (USA) Inc. UBS Securities LLC First Tryon Securities, LLC MKM Partners US Bancorp Investments, Inc. FTN Financial Securities Corp. Morgan Stanley & Co. Inc. V-Trader Pro, LLC Goldman, Sachs & Co. National Bank of Canada Financial Inc. Wells Fargo Securities, LLC Hapoalim Securities USA, Inc. National Financial Services LLC, through its HSBC Securities (USA) Inc. Fidelity Capital Markets Services * as of October 2012 Incapital, LLC Nomura Securities International, Inc.
MARKETAXESS operates a leading electronic trading platform that enables fixed-income FOR MORE INFORMATION: Please contact market participants to efficiently trade corporate bonds and other types of fixed-income John Gallagher, Dealer Relationship Manager, instruments using MarketAxess’ patented trading technology. Over 1,000 investor and at 212-813-6006, Larry Latner, DealerAxess, at broker-dealer firms are active users of the MarketAxess trading platform, accessing global 212-813-6019, or your sales representative for liquidity in U.S. high-grade corporate bonds, European bonds, high yield and emerging markets more information. You may also email bonds, agency bonds, asset-backed and preferred securities and credit default swaps. [email protected]. MarketAxess also offers a number of trading-related products and services, including: market Visit us at www.marketaxess.com data to assist clients with trading decisions; connectivity solutions that facilitate straight- through processing; technology services to optimize trading environments; and execution services for exchange-traded fund managers and other clients. MarketAxess maintains its headquarters in New York and has offices in London, Chicago, Salt Lake City, Hong Kong, Singapore and São Paulo. DEALERAXESS® is MarketAxess’ electronic dealer-to-dealer platform. DealerAxess enables broker-dealers to trade directly with each other using MarketAxess’ patented electronic RFQ trading protocol across a range of fixed income products including US high-grade, high TRADE ON yield, and emerging markets. Liquidity is provided by over 100 global and regional broker- dealers, benefiting from MarketAxess’ established dealer network for credit trading.
©2012 MarketAxess Holdings Inc. MarketAxess, DealerAxess and the MarketAxess logo are trademarks of MarketAxess Holdings Inc. MarketAxess Corporation, member SIPC. MarketAxess Europe Ltd. is regulated by the Financial Services Authority.