MarketAxess launches detailed view of bond market activity

MarketAxess announced an enhanced view of bond market activity this week that expands its market data and analytics offering. The update consolidates trade and execution information from MarketAxess’ trading network with other execution and post-trade data to present a more granular picture of trading patterns, liquidity and pricing across venues.

The feature includes time-stamped trade reports, aggregated volume measures and breakdowns by execution venue and instrument type. Execution metrics have been made more prominent so users can review recent price prints and volume trends without switching between multiple screens or external data providers.

MarketAxess described the enhancement as intended for institutional investors, credit traders and dealers who monitor market microstructure and execution quality. The information is available through the platform’s dashboards and data feeds and can be combined with firms’ own order data to evaluate trading outcomes.

The new view enables comparisons of activity across different parts of the corporate bond and credit markets and allows examination of liquidity by specific maturities or credit ratings. MarketAxess said the data can be incorporated into portfolio trading and compliance workflows that rely on aggregated trade information and execution indicators.

Regulatory changes and market developments have increased trading on electronic platforms and the need for consolidated market data. MarketAxess operates a global corporate bond trading network and provides related data services; the update aligns with a wider industry trend toward greater transparency and use of technology to measure liquidity and execution performance in fixed-income markets.