ICE Bonds Partners MarketAxess to Enhance Fixed Income Market Liquidity

​ICE Bonds, a division of Intercontinental Exchange, and MarketAxess Holdings Inc., a leading provider of electronic trading platforms for fixed-income securities, have unveiled a strategic collaboration aimed at improving liquidity and efficiency in the fixed income markets.

This partnership will integrate ICE Bonds' automated trading system (ATS), ICE TMC, with MarketAxess' Open Trading network, enhancing connectivity and expanding access to liquidity for both institutional and wealth management clients.

"This collaboration connects two mature liquidity networks in fixed income markets to offer new trading and risk management solutions for clients," said Pete Borstelmann, President of ICE Bonds. "By combining our complementary strengths, we aim to offer users expanded opportunities to access liquidity in corporate and municipal bonds, enhancing market efficiency and benefiting participants across both platforms."

MarketAxess, known for its leadership in institutional trading, and ICE Bonds, with its strong presence in retail brokerage and wealth management, aim to provide a comprehensive solution that benefits participants across both platforms.

"We look forward to delivering enhanced value and innovation to our clients through this collaboration," said Rich Schiffman, Global Head of Trading Solutions at MarketAxess. "Our joint efforts are focused on providing access to deeper liquidity across municipal and corporate bonds and diversifying trading options for participants in our marketplace."