MarketAxess Extends Emerging and Frontier Markets Liquidity to Include Egypt, Hong Kong and Serbia
The number of active participants trading Emerging Markets debt across the MarketAxess platform also reached a record of over 1,300 firms in the third quarter.
- The number of active participants trading Emerging Markets debt across the MarketAxess platform also reached a record of over 1,300 firms in the third quarter.
- Kevin McPherson, Global Head of Sales at MarketAxess, noted, Investors are increasing their exposure to emerging markets, including frontier markets, in the face of increased demand for yield, broader index inclusion and easing of pandemic-linked monetary policy.
- With a record $33.5 billion traded in the first three quarters of 2021, Mexico is the largest emerging market traded on MarketAxess.
- Brazil is the second largest emerging market traded on MarketAxess with $21.1 billion traded in the same period.