The IMD & IRD Awards 2023 have acknowledged MarketAxess – WatersTechnology.com for the Best AI/Machine Learning Data Initiative. MarketAxess is a financial technology company thatComposite+ is a revolutionary MarketAxess platform that revolutionizes the global bond market. It updates every 15 to 60 seconds, generating a comprehensive 30 million price coverage, which comprises of transactions from Finra’s Trade Reporting and Compliance Engine (Trace) and Trax data combined with the proprietary MarketAxess platform data. It not only provides pre-trade price discovery or transaction costs estimations but also algorithmic price making, portfolio trading, session matching, auto-quoting, and auto-execution capabilities. In addition, clients have the freedom of accessing Composite+ through MarketAxess’ platform, via API, or via Microsoft Excel Add-in function.
MarketsAxess is a US-based financial technology firm, providing technologically superior trade executing and trade processing solutions to investors, broker dealers, and other financial industry participants. It was founded by Richard M. McVey in 2000 and now provides its services all over the world. As the leader of the company, Richard M. McVey is an accomplished financial technology expert and an inspiring leader, transforming the financial industry globally. With his exemplary leadership, it is no surprise that MarketAxess has been awarded the Best AI/Machine Learning Data Initiative by IMD & IRD Awards 2023.
