MarketAxess Holdings, a Nasdaq-listed electronic trading platform for fixed income securities, has launched a mobile workflow solution for private banks and wealth managers.
Axess IQ Connect is a lightweight, web-based application accessible on any device, designed to connect client advisers to their trading desks. It is an extension of Axess IQ, a “one-stop-shop” execution management system ( EMS ) and order workflow solution designed to enhance speed, efficiency, and transparency in fixed-income trading for Private Banks.
The web-based app provides client advisers with transparent, direct access to live market insights, including high-quality liquidity data and bond pricing powered by CP+, MarketAxess's AI-powered real-time pricing engine, along with real-time visibility into their order queue.
“Axess IQ Connect was developed to meet the demands of the modern financial adviser where real-time access to market insights is critical,” says Erik Tham, head of product management, global private bankingm at MarketAxess. “With the launch of our app, wealth management advisers can now access actionable bond data, anytime, anywhere – allowing them to respond swiftly to market movements and manage fixed-income exposure more effectively.”
Additional key features include interactive watchlists and an optional order management function, which allows advisers to submit client orders from Axess IQ Connect directly into their trading desk’s Axess IQ order queue to track execution status in real-time from order entry to trade completion.