October 2015

Calibrating transparency such that it will not damage market activity

What lessons have MarketAxess and Trax learned from developing their own trade tape?

Miranda Morad

General Counsel, MarketAxess Europe and Trax 

"When developing the Axess 50 tool we were clearly concerned about how to provide transparency through our tool in a way that wouldn't damage the markets; that's the same question that regulators are facing."