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
Celebrating women shaping European finance
European Women in Finance Awards deadline is Aug 23
#WomeninFinance #Finance #WIF
Nominate here: https://www.jotform.com/form/250276204100339
"Modernizing isn't just upgrading—it's reshaping how we deliver client value" - @Wedbush's Rodrigo Parrode
As Cboe Data Vantage scales globally, Adam Inzirillo discusses our APAC expansion, plans to launch dedicated cores in Canada and preparation for 24×5 U.S. equities trading, pending regulatory approval – full story in @marketsmedia: https://bit.ly/4kQx3mC
As Technology Evolves, Asset Managers Adapt and Innovate
Related articles
-
The UK government wants to work with financial services firms to develop DIGIT features & functionality.
-
The pilot supports new operating models for mutual fund management.
-
The tape will provide market participants and investors with a comprehensive view of bond transactions.
-
Marlborough says bond markets will be closely watching employment data this week.
-
This is the first native digital bond by a Germany-based issuer in Switzerland.
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] By continuing to use our services after Aug 25, 2025, you agree to these updates.
