MarketAxess Holdings Inc., the operator of a leading electronic trading platform for fixed-income securities, announced the successful execution of the first trade on its newly launched, fully electronic trading solution for Indian Government Bonds (IGBs), designed specifically for Foreign Portfolio Investors (FPIs) and market makers.
The inaugural trade was completed between BlackRock and Standard Chartered.
Jatin Vara, Head of International Trading at BlackRock, said: “We are excited to see access to India’s onshore bond market becoming more efficient and scalable. India offers compelling opportunities for foreign investors, especially in its expanding onshore bond market, where continued inclusion in major global indices is fuelling strong investor interest.”
“It’s especially rewarding to see this first trade completed,” said Riad Chowdhury, Head of Asia-Pacific at MarketAxess. “Our solution for India has been purpose-built to meet the specific needs of institutional investors and dealers, and we look forward to increased client adoption in the coming months.”
Source: MarketAxess
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
COO of the Year Award winner! 🏆
Discover how Jennifer Kaiser of Marex earned the 2025 Women in Finance COO of the Year recognition.
@marketsmedia @CoreumOfficial @SoloTex_com An excellent read on tokenisation and SoloTex’s capabilities. Very insightful and well-articulated!
A recent Markets Media article highlights how @tZERO is resetting its vision - focusing on partnerships, regulated infrastructure, and global scale to make tokenized capital markets a reality.
Under CEO @Alan_Konevsky, the company is leveraging regulatory momentum to enable…
Related articles
-
Changes clearing and introduction of minimum haircuts could drive up the cost of funding.
-
Once ordered by the court, there will be a path to signing a contract with Etrading Software.
-
A voluntary approach with stronger infrastructure and “done-away” clearing will strengthen the market.
-
The French bank will remain a systematic internaliser for equity and equity-like instruments.
-
The UK regulator could sign a contract with Etrading Software If the High Court lifts a suspension.
We're Enhancing Your Experience with Smart Technology
We've updated our Terms & Conditions and Privacy Policy to introduce AI tools that will personalize your content, improve our market analysis, and deliver more relevant insights.These changes take effect on Aug 25, 2025.
Your data remains protected—we're simply using smart technology to serve you better. [Review Full Terms] | [Review Privacy Policy] Please review our updated Terms & Conditions and Privacy Policy carefully. By continuing to use our services after Aug 25, 2025, you agree to these
