MarketAxess to Expand Xtrakter Data, Post-Acquisition

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James Rucker, credit and risk officer, MarketAxess

New York-based US and European fixed-income marketplace operator MarketAxess plans to expand the market data services offered by Xtrakter, the data and reporting arm of clearing and settlement utility Euroclear, after agreeing to acquire the company in a deal worth £26 million ($42 million), ostensibly to expand its trade reporting capabilities.

James Rucker, credit and risk officer at MarketAxess, says the trading platform operator has no plans to integrate Xtrakter's market data directly into

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