MarketAxess completed the acquisition of a 90% stake in RFQ-hub Holdings.

MarketAxess, an operator of an electronic trading platform for fixed-income securities, completed the acquisition of a 90% stake in RFQ-hub Holdings, a multi-asset and multi-dealer request for quote platform. Financial terms were not disclosed. “We see immense potential in combining RFQ-hub technology with our global client network. We have been working with the consortium and the RFQ-hub team for over two years and are already experiencing synergistic wins," Kat Sweeney, MarketAxess Global Head of Data and ETF Solutions.