MarketAxess & Dow Jones Partner to Create Timely AxessDaily Electronic Newsletters
May 13 2008 - 6:00AM
PR Newswire (US)
Separate Editions Deliver Specialized Pre-Market Content to
Corporate Bond, Eurobond & Emerging Market Professionals Who
Use the MarketAxess Trading Platform or Corporate BondTicker(TM)
Service NEW YORK, May 13 /PRNewswire-FirstCall/ -- MarketAxess, the
operator of a leading electronic trading platform for U.S. and
European high-grade corporate bonds, emerging markets bonds and
other types of fixed-income securities, has partnered with Dow
Jones & Co. to create AxessDaily, a daily newsletter to be
delivered via e-mail to users of the MarketAxess trading platform
or Corporate BondTicker(TM) service. AxessDaily is to be published
in three separate editions with specialized content to give
Corporate Bond, Eurobond and Emerging Market institutional trading
professionals a head-start on their trading day with a concise
market-wrap prior to opening. "MarketAxess is committed to
providing best-in-class data, information and analytics, in the
most timely, user-friendly way to our clients that complements our
core electronic credit trading offering and the AxessDaily
newsletter service clearly meets that hurdle," said Stephen
Davidson, Head of Global Marketing & Investor Relations for
MarketAxess. "Each daily issue of AxessDaily, whether it be the
Corporate Bond, Eurobond or Emerging Markets edition, gives our
clients a concise, pre-market briefing of critical market news,
events and pricing information-all essential information our
clients can use immediately to help them execute their trading
strategies." AxessDaily is to include calendar and news stories
from Dow Jones as well as exclusive pricing, volume, and spread
information from MarketAxess. AxessDaily - Corporate Bond edition
features: -- Complete G7 calendar. -- Top breaking news of the
morning. -- News highlights on the market, economy and new bond
issues. -- Most active high-grade and high-yield by volume. -- Top
10 high yield-prices (price increases & decreases). -- Top 10
high-grade spreads (tighteners and wideners vs. benchmark Treasury
bond yields). AxessDaily - Emerging Markets edition features: --
Complete overview of what's happening in key emerging markets. --
Regional news roundups from Latin America, Asia and Eastern and
Western Europe. -- 5 most active emerging markets bonds on the
MarketAxess trading platform. -- Indicative price gainers and
losers from the prior MarketAxess trading day. AxessDaily -
Eurobond edition features: -- Complete G7 calendar. -- U.S. market
wrap-up from the prior day. -- Top breaking news of the morning. --
News highlights on the market, economy and new bond issues. "By
partnering with Dow Jones, a leader in business journalism,
MarketAxess is creating a superior information tool for our
clients," added Mr. Davidson. "With a daily feed of timely news
related to the global fixed- income markets, and our Corporate
BondTicker(TM) pricing information, our clients will have an
information advantage when the markets open - and at no added
cost." For more information or to become a client of MarketAxess,
visit http://www.marketaxess.com/ or call +1-212-813-6287. ABOUT
MARKETAXESS MarketAxess (NASDAQ:MKTX) operates one of the leading
platforms for the electronic trading of corporate bonds and certain
other types of fixed-income securities, serving as an electronic
platform through which our more than 670 active institutional
investor clients can access the liquidity provided by our 30
broker-dealer clients. MarketAxess' multi-dealer trading platform
allows our institutional investor clients to simultaneously request
competitive, executable bids or offers from multiple
broker-dealers, and to execute trades with the broker-dealer of
their choice. MarketAxess offers our clients the ability to trade
U.S. high-grade corporate bonds, European high-grade corporate
bonds, credit default swaps, agencies, high-yield and emerging
markets bonds. MarketAxess also provides data and analytical tools
that help our clients make trading decisions, and we facilitate the
trading process by electronically communicating order information
between trading counterparties. Our DealerAxess(R) trading service
allows dealers to trade fixed-income securities with each other on
our platform. ABOUT DOW JONES Dow Jones & Company
(http://www.dowjones.com/) is a subsidiary of News Corporation
(NYSE: NWS, NWS.A; ASX: NWS, NWSLV; http://www.newscorp.com/). Dow
Jones is a leading provider of global business news and information
services. Its Consumer Media Group publishes The Wall Street
Journal, Barron's, MarketWatch and the Far Eastern Economic Review.
Its Enterprise Media Group includes Dow Jones Newswires, Factiva,
Dow Jones Client Solutions, Dow Jones Indexes and Dow Jones
Financial Information Services. Its Local Media Group operates
community-based information franchises. Dow Jones owns 50% of
SmartMoney and 33% of Stoxx Ltd. and provides news content radio
stations in the U.S. DATASOURCE: Dow Jones & Company CONTACT:
Adam Wade of Dow Jones Financial Information Services,
+1-415-439-6666, Web site: http://www.dowjones.com/
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