MarketAxess Adds E-Trading for Non-Agency Residential Mortgage Backed Securities and Commercial Mortgage Backed Securities

London and New York - 4 November 2011

MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for U.S. and European high-grade corporate bonds, emerging markets bonds and other types of fixed-income securities, today announced the addition of non-agency residential mortgage-backed securities (non-agency RMBS) and commercial mortgage-backed securities (CMBS) to its award-winning e-trading platform. MarketAxess is currently the only electronic fixed-income marketplace to offer electronic trading of mortgage-backed securities to institutional investors. These products further expand the suite of structured products available on MarketAxess, following the addition of asset-backed securities (ABS) earlier this year.

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."

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