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Banking and investment giants pick Mifid II reporting partner

Financial services firm will have to take responsibility for trade reporting for the first time in January

Banking and investment giants pick Mifid II reporting partner

MarketAxess, a provider of bond trading platforms, have won the support of some of the world’s largest fund managers and banks for a flagship service to help traders comply with imminent European securities reforms.

Trax, which is the the data, trade-matching and reporting provider bought by MarketAxess in 2013, said Crédit Agricole, Goldman Sachs, ING Bank, Investec Asset Management, Janus Henderson, Jupiter Asset Management, Martin Currie Investment Management, Mizuho International and Santander are among those to have signed up to the reporting service.

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