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Market Impact KC v1

How trades move markets: a data driven exploration of market impact

Executive SummaryMarket impact is measurable and manageable. It is driven by liquidity, size, and execution choice.Median post-trade impact is 13% of the bid-ask spread in US HG and 11% in EUR IG.Liquidity matters most: low-liquidity US HG bonds show nearly twice the median impact of high-liquidi...

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Q&A with Steve Tait KC image 1200x628 v2

Originally published on Markets Media | December 3, 2025

MarketAxess expands Mid-X protocol

Steve Tait, Head of US Dealer Execution Business at MarketAxess, explains what’s behind the growing success of the Mid-X protocol.

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Case Study: Goldman Sachs Asset Management

In our latest case study, Goldman Sachs Asset Management discusses how their use of electronic trading has helped lower trading costs, accelerate execution speed, and develop new trading and portfolio construction strategies.
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Tangible returns from bond trade automation

Gareth Coltman gives traders an update on where and how they can tap into more automated bond trading, in order to deliver efficient and opportunistic execution, improved cost savings and improved desk efficiency
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