MarketAxess Holdings Inc., the operator of a leading electronic trading platform for fixed-income securities, and Moment, the AI platform for investment management, announced the launch of a new interface that gives large wealth managers and registered investment advisors (RIAs) streamlined access to MarketAxess’s institutional liquidity and pricing directly on the Moment platform.

Moment’s clients will now have access to liquidity from MarketAxess’ global network of more than 2,100 institutional investors and dealers. Moment’s platform seamlessly integrates retail order-driven markets with the traditional institutional RFQ market, enabling access to institutional liquidity.

“Delivering the deepest liquidity and best pricing to our clients is core to what we’re building at Moment, and this partnership with MarketAxess is a major step in delivering on that promise,” said Dylan Parker, CEO of Moment. “Providing access to institutional liquidity from MarketAxess within the Moment platform helps our mutual clients plug into a fundamentally deeper and more competitive fixed-income market than previously available to them.”

“Institutional investors in fixed-income markets have historically benefitted from access to deeper liquidity and higher quality pricing,” said Chris Concannon, CEO of MarketAxess. “By partnering with Moment, we are extending that institutional liquidity to retail investors, helping improve execution quality and outcomes for end investors. This is an important step toward reducing the bifurcation between retail and institutional fixed-income markets.”

Source: MarketAxess