Traded in Emerging Markets in FY2025
Dedicated global and regional dealers
EM Open Trading price improvement*
Market participants in over 90 countries
Uncover new opportunities across multiple territories
All performed seamlessly on one single, efficient, award-winning platform. With the most comprehensive and global Emerging Markets solution at your fingertips.
1,400+ market participants
90+ countries
30 local currency bond markets
Go big in Emerging Markets. One block at a time
Discover our newly launched block trading protocol for EM Hard Currency—Targeted RFQ. It leverages the superior breadth of MarketAxess' data to connect you with the best counterparties for your trades, enhancing the overall trading experience for both buy-side and sell-side.
In this video series, Dan Burke, our Global Head of Emerging Markets sheds light on the thinking behind Targeted RFQ and how it fits in our broader trader toolkit.
The first fully electronic trading solution for IGBs is now live
Be the first to trade IGBs electronically. We’re pleased to announce that Indian Government Bond (IGB) trading is now live via the MarketAxess platform. By integrating directly with the NDS-OM system operated by the Clearing Corporation of India Limited, the addition of IGBs now extends our coverage to 30 global EM local currency bond markets.
Our solution is designed to provide Foreign Portfolio Investors (FPIs) and market makers with an enhanced and efficient trading experience.
Open Trading® for Local Markets
MarketAxess now offers Open Trading in EM local currency bonds. Use our award-winning all-to-all trading marketplace, Open Trading, to access a broader and diversified pool of liquidity in four CEEMEA markets—Poland (PLN), Czech republic (CZK), Hungary (HUF), and South Africa (ZAR).
New issues ready to trade on MarketAxess
When a new EM Hard Currency bond is issued, we should be your first port of call. Trade new issues when they become Free-To-Trade. Leverage our deep liquidity pool, including the ability to trade anonymously through our Open Trading network to get in on the action early. Additionally, you can access market data, via our TraX suite of products, to assess the relative value of the new issue vs the existing curve. Our Open Trading desk are here to help upsizing trades or reflecting targets.
Take advantage of our special discounted fee schedule within the first 5 days of issue.
EMpower welcomes MarketAxess as first Global Leadership Council Partner.
MarketAxess has been a corporate supporter of EMpower since 2017. We are now pleased to announce a new chapter of this partnership and to expand our commitment to local communities across emerging markets.
Based on the financial year 2025.
*Estimated liquidity taker price improvements is defined as the difference between the winning price and the best disclosed dealer cover price. Estimated liquidity provider price improvements is defined as the difference between the winning price and then current Composite+ bid or offer level (offer if the provider is buying, bid if provider is selling) at the time of the inquiry.
