MarketAxess to launch fully electronic trading solution for IGBs
17 June 2025 US
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MarketAxess Holdings is to launch its first fully electronic trading solution for Indian government bonds (IGBs) for foreign portfolio Investors (FPIs).
According to the firm, international investors will be able to trade IGBs electronically alongside 29 other local currency bond markets already available via the MarketAxess trading platform.
The solution is designed to provide market makers and FPIs with an enhanced trading experience throughout the entire trade lifecycle.
Commenting on the news, Riad Chowdhury, head of Asia-Pacific at MarketAxess, says: “We’re delighted to be the first platform to be able to bring this new trading capability to international investors.
“By integrating directly with the NDS-OM system operated by the Clearing Corporation of India Limited, our solution is designed to increase efficiency across the entire trading workflow, from pre-trade allocation to post-trade reporting.”
He adds: “Global emerging markets are well-positioned for increased innovation and international investment — as evidenced by India’s recent addition to notable global EM indices — and we are excited to support both with this launch.”
According to the firm, international investors will be able to trade IGBs electronically alongside 29 other local currency bond markets already available via the MarketAxess trading platform.
The solution is designed to provide market makers and FPIs with an enhanced trading experience throughout the entire trade lifecycle.
Commenting on the news, Riad Chowdhury, head of Asia-Pacific at MarketAxess, says: “We’re delighted to be the first platform to be able to bring this new trading capability to international investors.
“By integrating directly with the NDS-OM system operated by the Clearing Corporation of India Limited, our solution is designed to increase efficiency across the entire trading workflow, from pre-trade allocation to post-trade reporting.”
He adds: “Global emerging markets are well-positioned for increased innovation and international investment — as evidenced by India’s recent addition to notable global EM indices — and we are excited to support both with this launch.”
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