Kevin McPherson, Head of Sales at MarketAxess said: "We are committed to offering our clients a broad suite of fixed income products to support their e-trading requirements. By delivering our award winning technology for the structured products marketplace today, we are well placed in the long term as the preferred destination for structured products e-trading."
Lou Violante, Structured Products Manager at MarketAxess, said: "We have seen good traction in ABS trading over recent months and have introduced non-agency RMBS and CMBS in direct response to client demand to expand our menu of structured products. Electronic trading is an efficient way to source liquidity and achieve price transparency for the structured products market. The marketplace has been extremely supportive of our new developments and we welcome their participation."