MarketAxess Holdings Inc., an operator of electronic bond-trading platforms, has added non-agency residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) to its platform.
The expansion follows MarketAxess' addition of asset-backed securities (ABS) earlier this year.
‘We have seen good traction in ABS trading over recent months and have introduced non-agency RMBS and CMBS in direct response to client demand to expand our menu of structured products," says Lou Violante, MarketAxess' manager of structured products.
