MarketAxess, the operator of a leading electronic trading platform for fixed-income securities, agreed to acquire MuniBrokers, a central electronic venue serving municipal bond inter-dealer brokers and dealers, from Hartfield, Titus & Donnelly, an inter-dealer broker of municipal bonds. Financial terms were not disclosed. "This relationship represents a great opportunity in the intermediated Municipal Securities market, leveraging the time-tested strengths of MuniBrokers, the experience of HTD as the leading Broker’s Broker and the industry-leading capabilities of MarketAxess. We are eager to demonstrate the benefits of this relationship to the market and to our customers," Ron Purpora, Hartfield, Titus & Donnelly Chairman.