MarketAxess completes acquisition of Deutsche Börse's Regulatory Reporting Hub
MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, has completed its previously announced acquisition of Regulatory Reporting Hub, the regulatory reporting business of Deutsche Börse Group.
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MarketAxess acquired the business through Trax NL B.V., its wholly owned subsidiary in the Netherlands, on 30 November 2020.
Christophe Roupie, Head of EMEA and APAC at MarketAxess, commented: “We’re delighted to welcome clients of the Regulatory Reporting Hub to MarketAxess. This acquisition is a firm demonstration of our long-term commitment to building our regulatory reporting infrastructure across Europe. It will help us to extend the full front-to-back trade lifecycle services that we offer, from trading and data through to reporting and regulatory compliance. We look forward to working with Deutsche Börse Group over the coming months to successfully transition all our new clients to MarketAxess services.”