MarketAxess Raises Funds for Emerging Market Communities
November 05 2019 - 8:00AM
MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a
leading electronic trading platform for fixed-income securities,
and the provider of market data and post-trade services for the
global fixed-income markets, has raised over $270,000 for emerging
market communities following the Seventeenth Annual Emerging
Markets Charity Trading Day, which was held on October 23, 2019.
The event was once again held in partnership with the Emerging
Markets Traders Association (EMTA).
Sandy White, Co-Head of Emerging Markets Product Management with
MarketAxess, noted, “We are incredibly grateful for the continued
support from our global investor and dealer clients who help make
the Emerging Markets Charity Trading Day a success. We’ve raised
nearly $2 million across the last seventeen years and remain deeply
committed to the quality of life in emerging market countries.”
The MarketAxess electronic trading platform connects more than
1,100 active global investors and dealers in 70 countries to trade
hard-currency EM corporate and sovereign bonds as well as EM debt
denominated in 26 global local currencies. Emerging Market trade
volume reached a record $132 billion in the third quarter of 2019,
up 51% year-over-year.
Jonathan Murno, Managing Director at EMTA, added, “We are
incredibly grateful for the generosity of the MarketAxess and its
Charity Trading Day, which for almost two decades has provided
crucial support for health and education programs in emerging
countries.”
The charities that will benefit from trading activity across the
MarketAxess platform include:
- African Dream Academy Foundation makes grants
to the African Dream Academy in Liberia to reduce poverty and
foster sustainable development by educating and providing
healthcare to children, while also teaching vocational skills to
their parents. www.africandreamacademy.org
- Care 2 Communities is creating a model for
sustainable, community-based healthcare in Haiti that transforms
the status quo, meets the needs of poor and low-income people, and
empowers families to lead healthier
lives. www.care2communities.org
- The Orphaned Starfish Foundation is dedicated
to helping orphans and at-risk youth break their cycles of abuse
and poverty through computer-based education, job training and job
placement assistance throughout the
world. www.orphanedstarfish.org
- World Connect makes authentic global
connections to the most under-resourced areas of the world by
investing in social entrepreneurs who locally drive their own
transformative, self-sustaining
development. www.worldconnect-us.org
About MarketAxess
MarketAxess operates a leading, institutional electronic trading
platform delivering expanded liquidity opportunities, improved
execution quality and significant cost savings across global
fixed-income markets. A record $1.7 trillion of U.S.
investment-grade bonds, U.S. high yield bonds, emerging market
debt, Eurobonds and other fixed income securities traded through
MarketAxess’ patented trading technology in 2018. The global
community of 1,600 firms trading on MarketAxess today include the
world’s leading asset managers and institutional broker-dealers.
MarketAxess’ award-winning Open Trading™ marketplace is regarded as
the preferred all-to-all trading solution in the global credit
markets, creating a unique liquidity pool for a broad range of
credit market participants. Drawing on its deep data and analytical
resources, MarketAxess enables automated trading solutions and,
through its Trax® division, provides a range of pre- and post-trade
services and products.
MarketAxess is headquartered in New York and has offices in
London, Amsterdam, Boston, Chicago, Los Angeles, Miami, Salt Lake
City, San Francisco, São Paulo, Hong Kong and Singapore. For more
information, please visit www.marketaxess.com.
About EMTA Founded in 1990, EMTA (formerly the
Emerging Markets Traders Association) is a not-for-profit
corporation dedicated to promoting the orderly development of fair,
efficient and transparent trading markets for emerging markets
instruments, and the integration of the emerging markets into the
global financial marketplace. For more information, please visit
www.emta.org.
MarketAxess
Contacts:
Kyle
White
MarketAxess Holdings
Inc.
+1 212 813
6355
kwhite@marketaxess.com
Davis
MacMillan
RF | Binder
+1 212 994 7509
MarketAxessPR@rfbinder.com
EMTA Contacts:Jonathan Murno
EMTA+1-646-676-4293 jmurno@emta.org
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