MarketAxess to launch fully electronic trading solution for IGBs
17 June 2025 US
Image: SNEHIT_PHOTO/stock.adobe.com
MarketAxess Holdings is to launch its first fully electronic trading solution for Indian government bonds (IGBs) for foreign portfolio Investors (FPIs).
According to the firm, international investors will be able to trade IGBs electronically alongside 29 other local currency bond markets already available via the MarketAxess trading platform.
The solution is designed to provide market makers and FPIs with an enhanced trading experience throughout the entire trade lifecycle.
Commenting on the news, Riad Chowdhury, head of Asia-Pacific at MarketAxess, says: 鈥淲e鈥檙e delighted to be the first platform to be able to bring this new trading capability to international investors.
鈥淏y integrating directly with the NDS-OM system operated by the Clearing Corporation of India Limited, our solution is designed to increase efficiency across the entire trading workflow, from pre-trade allocation to post-trade reporting.鈥�
He adds: 鈥淕lobal emerging markets are well-positioned for increased innovation and international investment 鈥� as evidenced by India鈥檚 recent addition to notable global EM indices 鈥� and we are excited to support both with this launch.鈥�
According to the firm, international investors will be able to trade IGBs electronically alongside 29 other local currency bond markets already available via the MarketAxess trading platform.
The solution is designed to provide market makers and FPIs with an enhanced trading experience throughout the entire trade lifecycle.
Commenting on the news, Riad Chowdhury, head of Asia-Pacific at MarketAxess, says: 鈥淲e鈥檙e delighted to be the first platform to be able to bring this new trading capability to international investors.
鈥淏y integrating directly with the NDS-OM system operated by the Clearing Corporation of India Limited, our solution is designed to increase efficiency across the entire trading workflow, from pre-trade allocation to post-trade reporting.鈥�
He adds: 鈥淕lobal emerging markets are well-positioned for increased innovation and international investment 鈥� as evidenced by India鈥檚 recent addition to notable global EM indices 鈥� and we are excited to support both with this launch.鈥�
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 糖心vlog Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 糖心vlog Finance Times
