Refinitiv and MarketAxess Sign Redistribution Deal

Refinitiv and MarketAxess Holdings Inc. have entered into an agreement to redistribute MarketAxess’ fixed income market data to Refinitiv’s customers via its Elektron Data Platform. The data made available through Refinitiv as a part of the agreement includes MarketAxess’ award-winning Composite+™ and Axess All pricing tools. Composite+ is an algorithmic pricing engine for corporate bonds that leverages a range of proprietary and industry data sources, with updates up to every 15 seconds on over 24,000 bonds. It combines public data from the FINRA Trade Reporting and Compliance Engine (TRACE) with proprietary data from the MarketAxess trading platform and Trax. Axess All is the first intra-day trade tape for the Europe fixed income markets. Sourced daily from over 30,000 bond transactions, powered by Trax post-trade services, Axess All displays aggregated volume and pricing for the most actively traded European fixed income instruments.