MarketAxess completes migration of Deutsche Börse’s reg reporting businesses
The market operator has onboarded about 500 new clients and aims to create new revenue streams to ease the ongoing cost and margin pressures.
Earlier this year, MarketAxess concluded the onboarding and migration of Deutsche Börse’s regulatory reporting businesses—Regulatory Reporting Hub (RRH), its approved reporting mechanism (Arm), and approved publication arrangement (APA)—to its post-trade services suite.
As part of the acquisition, MarketAxess has expanded into new markets across Europe, servicing nine new EU countries and regions, including Germany, France, and the Nordics. Over the last 18 months, the firm has built
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