And it theoretically should increase electronic adoption making for a nice feedback loop over time. I just learned their LiquidityEdge acquisition had a secondary angle in that they’ve swapped their legacy clob engine for LE’s which is higher quality and should boost LiveMarket
When MarketAxess reports earnings this Wednesday I'm looking for updates on Open Trading adoption - more Open Trading translates to more electronic market share & future revenue:
$MKTXpic.twitter.com/kgYg4coSP6
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Interesting, hadn't heard about the LiquidityEdge piece... feedback loops are an exchange's bread & butter
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