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 database
Also: Trading Technologies is developing an OMS for the sell side and Orbital Insight is embracing a platform-as-a-service model.Subscribe to Weekly Wrap emails