Electronic Trading Revolution

MarketAxess launched two decades ago as the first publicly traded fintech to offer institutions fully electronic trading in bonds, by far the largest asset category in global markets. Their objective was to bring the efficiencies of electronic trading to a vast, complex market that had historically been traded over the counter (OTC) between fund managers and investment banks’ trading desks.

Strategy

Our constant focus: helping MarketAxess strengthen its position as the leader in delivering innovative trading solutions that let market participants connect, trade and settle transactions more efficiently than ever possible under the OTC model. At the core of the story has been the success of its Open Trading® model, which lets investors and dealers trade directly with one another anonymously. Building on Open Trading’s success, MarketAxess is now leading the next generation of market innovation, integrating AI-generated pricing and automated trade execution into its solutions and leveraging the depth and breadth of its proprietary data.

Logo and Corporate Identity

CEO and Executive Spokesperson Thought Leadership Positioning

Since its launch, we have showcased the brand’s vision for innovation, while driving engagement among audiences by establishing MarketAxess as the benchmark data source, with enhanced liquidity, anonymous matching, and seamless integration.

Adaptive Auto-X

Website Design and Build

Business and Trade Media Relations

ESG Reporting and Design

MarketAxess continues to expand their product offerings and we helped highlight their AI-driven, predictive pricing engine, advanced algorithmic trading solutions, and machine learning-based investment technology.

New Product Brand Identity

Digital Advertising

Open Trading Hub

Thought Leadership Video Content

Culture and Recruitment

Three people wearing formal clothing sitting at a round table in an office

Woman wearing a black turtleneck and glasses sitting at a desk in an office

Three men standing around a conference table in an office engaging in conversation

Impact

Continuing its strong growth, MarketAxess reported a record number of active client firms in Q2 2023, totaling 2,083, up 30% from 2019. The number of active individual traders rose to nearly 12,000 in the quarter, also a record. This client base includes the leading global asset managers and investment banks.
The total value of bond trades made using MarketAxess’ automated execution technology surged to a record $460 billion in Q3 of 2023, representing a compound annual growth rate of 32% since 2019.
More than 1,400 media placements in the period from 2019-22, leveraging their introduction of innovative trading capabilities, acquisitions and strong growth record. Leading executives have been positioned as thought leaders to address topics such as liquidity challenges in the bond markets, the expansion of electric trading in non-US markets, changes in the structure of the all important Treasury market, and Open Trading in muni bonds.
The RF|Binder team tracked daily credit market news for opportunities to provide journalists with pricing data for their articles. Since 2019, MarketAxess pricing levels have been cited in more than 800 articles, helping cement its position as the benchmark data provider.
Our team helped target and prepare applications for 10-12 industry awards annually to support MarketAxess’ leadership narrative.