MarketAxess SEF Wins Temporary Registration Approval from CFTC

MarketAxess Holdings Inc.

, the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, announces that it its wholly-owned subsidiary MarkerAxess SEF Corporation has received temporary approval from the CFTC to operate as a Swap Execution Facility (SEF). MarketAxess SEF Corporation will offer a range of functionality for electronic trading of credit default swaps in compliance with the CFTC's requirements, as mandated by the Dodd-Frank Act. This includes a an Order Book, which enables market participants to trade anonymously with all other market participants, and a  Request-for-Quote (RFQ) system that will operate in conjunction with the Order Book.