MarketAxess has launched TraX Tape, a new data solution that consolidates and enhances bond market activity with real-time insights. The launch responds to UK and EU transparency reforms that increase data availability but also add complexity. TraX Tape aggregates data from a global network of dealers and clients, applies proprietary cleansing processes refined over a decade, and enriches the feed with trade direction and pricing context from MarketAxess' AI-powered CP+ engine. Key features include directional indicators on each trade, a single consolidated view of global bond trading, de-duplicated data, expanded coverage, and integrated yield and spread analytics. Dean Berry, Group COO and CEO of EMEA & APAC, said the solution tells clients not just what happened but what it means, building on the foundation of the consolidated tape.
MarketAxess Holdings IncMarketAxess launches TraX Tape, a new data solution that enhances bond market data with real-time insights and AI-powered analytics.