MarketAxess Announces Eighth Annual Charity Trading Day
Trading Revenues to Benefit Emerging Markets Charities
NEW YORK and LONDON, Sept. 19, 2011 /PRNewswire/ -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for U.S. and European high-grade corporate bonds, emerging markets bonds and other fixed income securities, today announced that its eighth annual Charity Trading Day will be held on September 21, 2011. MarketAxess, in partnership with EMTA, will donate all emerging markets revenues from the trading day to emerging markets charities.
"This year's Charity Trading Day highlights our long-standing commitment to support charitable efforts of the emerging markets community. We thank EMTA for its efforts to raise awareness of our Charity Trading Day, and encourage our investor and dealer customers within the emerging markets to participate in helping raise funds for these charitable causes," said Richard M. McVey, chairman and chief executive officer of MarketAxess.
Each year, charities are selected as beneficiaries by emerging markets industry benefit committees in New York and London. The charities that will benefit from this year's donations include:
- Afghan Connection, www.afghanconnection.org, which provides health care and education for children in Afghanistan;
- Children of the Andes, www.childrenoftheandes.org, which provides support for street children in Colombia;
- Cotlands, www.cotlands.org, which provides support for children affected by the HIV/AIDS pandemic in South Africa;
- Downside Up, www.downsideup.org, which provides support and education for children in Russia with Down Syndrome;
- EMpower, www.empowerweb.org, a grant-making foundation which connects the emerging markets community with innovative grassroots organizations enabling young people to lead healthy, productive lives;
- Health Poverty Action, www.healthunlimited.org, which provides basic health care to rural communities around the globe;
- NESST, www.nesst.org, which provides financial and capacity-building support to social enterprises in Central Europe and Latin America;
- Orphaned Starfish Foundation, www.orphanedstarfish.com, which works with orphans and disadvantaged children throughout Latin America and Ethiopia;
- Shared Interest, www.sharedinterest.org, which mobilizes resources to enable South Africa's economically disenfranchised communities to sustain themselves;
- Sri Lanka Care Foundation, www.srilankacare.org, which rebuilds and restores homes lost and damaged by the Asian tsunami; and
- Trickle Up, www.trickleup.org, which works to alleviate poverty by providing seed capital for people in EM countries to start small businesses.
The total amount of this year's donations will be announced at the emerging markets debt industry's annual London and New York benefits, which are scheduled for Friday, September 30, 2011, and Thursday, December 1, 2011, respectively.
About MarketAxess
MarketAxess operates a leading electronic trading platform that enables investment industry professionals to efficiently trade corporate bonds and other types of fixed-income instruments. MarketAxess' patented trading technology allows institutional investor clients to request competitive, executable bids or offers from multiple broker-dealers simultaneously, and to execute trades with the broker-dealer of their choice. Over 850 institutional investors are active users of the MarketAxess trading platform, accessing the global liquidity provided by MarketAxess' 81 broker-dealer clients in U.S. high-grade corporate bonds, European bonds, high yield and emerging markets bonds, agency bonds, asset-backed and preferred securities and credit default swaps. MarketAxess also offers a number of trading-related products and services, including: market data to assist clients with trading decisions; connectivity solutions that facilitate straight-through processing; technology services to optimize trading environments; and execution services for exchange-traded fund managers and other clients.
MarketAxess maintains its headquarters in New York and has offices in London, Chicago and Salt Lake City. For more information, please visit www.marketaxess.com.
About EMTA
Founded in 1990, EMTA (formerly the Emerging Markets Traders Association) is a not-for-profit corporation dedicated to promoting the orderly development of fair, efficient and transparent trading markets for emerging markets instruments, and the integration of the emerging markets into the global financial marketplace.
SOURCE MarketAxess Holdings Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article