Auctions
Explore auction-based price discovery in fixed income markets with MarketAxess
In this webinar, our product experts explain the fundamentals of auctions, demonstrate how they work in practice, and discuss why the fixed income market is ready for this innovation.
The session includes a product demonstration and audience Q&A.
The first ever Opening and Closing Auctions for fixed income
In consultation with a group of leading buy- and sell-side firms - including AllianceBernstein, BlackRock, DWS and State Street Investment Management – we’re excited to launch the first standardized market-wide auction protocol for fixed income.
Supporting improved price formation and depth of liquidity at the most critical times of the trading day.
We believe in building solutions for the future of the market.
MarketAxess Auctions: A new way to trade fixed income
Hear from Kat Sweeney, Global Head of Data & ETF Solutions at MarketAxess, as she highlights how easy it is to access deeper liquidity and more efficient pricing during the moments that matter most.
What are Opening and Closing Auctions?
A centralized liquidity event where market makers and liquidity takers can place orders and match at the market price. Just like in derivatives and equity markets, our Auctions help reduce volatility, increase price transparency, and concentrate liquidity.
Value for all market participants
Improved price formation and transparency
Trade at a single, market-defined price formed through aggregated supply and demand.
A clear market benchmark
Our auction results can be integrated into End-of-Day pricing services.
Reduced volatility and price movement
Simultaneous order matching and Auction order input and confirmation rules help to ensure a level playing field for all participants.
Improved liquidity concentration
Concentrated liquidity at the time of auction, helping you to execute larger orders without moving the market.
A diverse set of sell-side and buy-side counterparties, connected through the Open Trading network.