US IG Trading
Trading US Credit on MarketAxess
MarketAxess is the marketplace to execute with greater confidence, optimize your trading strategy and maximize price improvement. Enhance your trading performance with increased confidence and workflow capacity all on the world’s largest electronic marketplace for US IG.
Open Trading® | all-to-all, all in one
$19 billion average daily liquidity
$3.7 billion average daily volume
$2.6 billion in transaction price improvement innovation that's redefining liquidity***
Latest thought leadership
The billion-dollar trade
Does a billion-dollar trade — or two— mean electronic trading of blocks has gone mainstream? When we crunch the numbers, you can see why it’s happening.
*Difference between the traded level and the volume-weighted average of all TRACE prints on the day on the same bond, on the same side.
**Difference between the Open Trading winning price and the best disclosed dealer cover price.
***Estimated price improvement consists of estimated liquidity taker price improvement (defined as the difference between the winning price and the best disclosed dealer cover price) and estimated liquidity provider price improvement (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.
