[3] It enables institutional investors and broker-dealers to trade credit instruments, including corporate bonds, and other types of fixed income products.

He launched the company as an independent venture in 2000, with $24 million in capital which he’d raised from other market participants including Bear Stearns.

[7] MarketAxess began trading investment-grade corporate bonds and gave investors access to new issues and research in November of that year.

[11] In 2015, MarketAxess and BlackRock extended their Open Trading partnership, already in place in the US, to the European credit markets.

This was in response to the EU's effort to unify capital markets and improve trading data quality.

[26][27][28][29] In September 2022, the company announced an extension of its partnership with Broadway Technologies that would see a request-for-quote workflow featuring in its US Treasury trading marketplace.

[30] In January 2023, the company announced president and chief operating officer Chris Concannon would replace current CEO Richard McVey in April 2023.