AIQ Markets and MarketAxess pilot AI-native bond tool

AIQ Markets, a New York–based fintech, has partnered with MarketAxess to develop AIQ Insight, an AI-native application for U.S. corporate bond traders and portfolio managers. MarketAxess will pilot an exclusive version that integrates its CP+ pricing feed and Tradability scores.

AIQ Insight allows users to query bond data and analytics in natural language, compare relative value across securities and construct portfolios with conversational commands. The platform returns auditable answers with transparent sourcing and governance controls to help users document and justify investment decisions.

Under the agreement, MarketAxess will pilot a version of the tool that links proprietary MarketAxess feeds to AIQ’s interface. The CP+ feed provides market pricing signals derived from the MarketAxess trading network. Tradability scores measure how easily specific corporate bonds can be executed in the market.

The pilot will make those feeds available to MarketAxess users through AIQ’s workflows. Institutional traders and portfolio managers on the MarketAxess network will be able to access CP+ pricing and Tradability information inside AIQ Insight during the trial.

AIQ Markets develops AI-powered tools for the U.S. corporate bond market and stated the partnership is part of its effort to introduce practical AI capabilities for fixed-income desks. The company has presented AIQ Insight as a way to reduce manual work with large datasets while preserving audit trails and controls for compliance.

MarketAxess operates an electronic trading network for fixed-income securities and offers data and analytics to institutional clients. The firm will use the pilot to test an AI-native front end that incorporates its pricing and liquidity signals.

Kevin Rutter, chief executive of AIQ Markets, commented, “MarketAxess has built one of the industry’s leading electronic trading networks and has a strong track record of innovation in fixed-income markets. We’re excited that they have selected AIQ Insight as part of their AI strategy for accessing market intelligence and leveraging proprietary analytics through natural language workflows.”

The companies described the announcement as an early test of combining generative AI interfaces with established pricing and liquidity signals. They added the tools are intended to speed routine analysis and support decision-making while preserving documentation and controls required by investment firms.