GlobeNewswire Inc | Jul 13, 2020 10:00AM EDT

July 13, 2020

NEW YORK, July 13, 2020 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data andpost-trade services for the global fixed-income markets, today announced thelaunch of Dealer Direct, atoolforthedealercommunityto stream Axes to investor clientswith enhanced visibility controls.

In partnership with MarketAxess global dealer community,Dealer Directoffersdealers the ability for an improved streamingfunctionality to supportbi-lateraltrade negotiation.This functionality supportsdiscloseddealer-to-clientflowswithcustomized visibility controls to allow forsuperior pricing provision,reduced information leakage andgreater discretion to trade inblock size. Investor clientsbenefit by gaining access tomore bespoke liquidity sources tailored totheiruniqueneeds andoffered by their dealer counterparties,while leveraging the efficient single-screen access of the MarketAxess trading platform.

John Gallagher, Head of U.S. Credit Dealer Relationship Management at MarketAxess, commented, Throughoutrecent volatility,credit markets remained connected through our trading platform. In support of those efforts to maintain and improve liquidity,we enhanced existing functionalityto meet the needsoftodays evolving credit market. Importantly, Dealer Direct further augments the abilities of dealersto strategically supportand engagetheir clients, no matter the market environment.

In addition to the core trading technology of Dealer Direct, the alertand watch-listfunctionalityhas beenenhanced tohelpclientsmore quickly identify trading opportunities.For further information on MarketAxess tradingcapabilities, please visit our website: https://www.marketaxess.com/trade.

AboutMarketAxessMarketAxess operates a leading, institutional electronic trading platform delivering expanded liquidity opportunities, improved execution quality and significant cost savings across global fixed-income markets. A global network of over 1,700 firms, including the worlds leading asset managers and institutional broker-dealers, leverages MarketAxess patented trading technology to efficiently trade bonds. MarketAxess award-winning Open Trading marketplace is regarded as the preferred all-to-all trading solution in the global credit markets, creating a unique liquidity pool for a broad range of credit market participants. Drawing on its deep data and analytical resources, MarketAxess provides automated trading solutions, market data products and a range of pre- and post-trade services.

MarketAxess is headquartered in New York and has offices in London, Amsterdam, Boston, Chicago, Los Angeles, Miami, Salt Lake City, San Francisco, So Paulo, Hong Kong and Singapore. For more information, please visit www.marketaxess.com.

Media Relations Contacts: New York: London:Kyle White Toby WestMarketAxess Holdings Inc. MarketAxess Holdings Inc.+1 212 813 6355 +44 (0)20 7709 3270kwhite@marketaxess.com twest@marketaxess.com