Fed tapping Tradeweb and MarketAxess as counterparties for its bond buying programs:pic.twitter.com/opzQL5Va76
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Fed tapping Tradeweb and MarketAxess as counterparties for its bond buying programs:pic.twitter.com/opzQL5Va76
It will impact MarketAxess more than Tradeweb given higher exposure to corporates. It's more a continuation of a trend we're already seeing re exchanges benefitting from central banks in some ways and hurting in other ways.
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