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Stock impact report

MarketAxess Acquires Majority Control of RFQ-hub Holdings LLC

MarketAxess Holdings, Inc. (MKTX) 
Last marketaxess holdings, inc. earnings: 4/29 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.marketaxess.com
Company Research Source: Business Wire
Consortium created to support global expansion of ETF and Derivative RFQ platform NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the completion of its acquisition of a majority stake in the RFQ-hub platform, a bilateral multi-asset and multi-dealer request for quote (RFQ) platform with a focus on equity and fixed-income listed and OTC derivatives, structured products and exchange-traded funds (ETFs). Following the closing, MarketAxess holds approximately a 90% controlling stake in RFQ-hub.Kat Sweeney, Global Head of Data and ETF Solutions at MarketAxess, commented, “We see immense potential in combining RFQ-hub technology with our global client network. We have been working with the consortium and the RFQ-hub team for over two years and are already experiencing synergistic wins.”“MarketAxess is focused on supporting and expanding the role of fixed-income ETFs and Show less Read more
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