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MAS approves MarketAxess as RMO

First Published 25th September 2017

MarketAxess approved as Recognised Market Operator by the Monetary Authority of Singapore

Christophe Roupie, MarketAxess

Christophe Roupie, MarketAxess

Singapore - MarketAxess, the operator of an electronic trading platform for fixed-income securities, and the provider of market data and post-trade services, has announced approval by the Monetary Authority of Singapore (MAS) of its wholly-owned subsidiary, MarketAxess Singapore Pte. Limited, to operate as a Recognised Market Operator (RMO) in Singapore.

"MarketAxess has a track record of repeated innovation in fixed income products, including our all-to-all Open Trading marketplace," says Christophe Roupie, Head of Europe and Asia for MarketAxess and Trax. "We are deeply committed to our growing community of buy- and sell-side clients across the globe and recognise the unique opportunity in Asia. Receiving our RMO approval further demonstrates our commitment to expanding our business in the region and investing in local capabilities."