MarketAxess Discusses Expansion into Muni Bond Market

John Gallagher highlights the electronic trading platform provider's plans for the muni space.

manhattan-skyline-new-york-city
MarketAxess' headquarters are in Manhattan.

The company says that it expects about 60 dealers and 250 institutional managers to connect, including "many of the largest asset managers and dealers in the muni-bond market." John Gallagher, head of municipal bonds and U.S. high grade product management, spoke with WatersTechnology about the investment. WatersTechnology: From a technological standpoint, what investments did MarketAxess have to make in order to expand its offering into the muni space?John Gallagher: We made a number of datab