MarketAxess and DirectBooks form an agreement
24 February 2026 US
Image: Lamaba/stock.adobe.com
MarketAxess Holdings, an operator of an electronic trading platform for fixed income securities, and DirectBooks, a capital markets platform focused on optimising global financing markets, have formed an agreement to provide mutual clients with streamlined access to DirectBooks’ primary issuance information and workflow tools through a new MarketAxess integration.
The mutual clients of DirectBooks and MarketAxess will be able to manage their primary processes through a separate interface on MarketAxess aiming at increasing workflow efficiency and access for buy side traders.
The integration allows MarketAxess clients to review DirectBooks deal announcements, submit indications of interest, and receive allocation messages from syndicate desks, which additionally aims at increased speed, accuracy, and transparency across the deal lifecycle.
Rich Kerschner, CEO of DirectBooks, says: “DirectBooks is delighted to welcome MarketAxess as our newest connectivity partner.
“We are committed to enhancing efficiency across the primary markets for all counterparties. Integrating with MarketAxess was a natural choice given their scale, technology leadership, and deep client network in global fixed income.”
Chris Concannon, CEO of MarketAxess, adds: “We are excited to be working with DirectBooks to solve our clients’ workflow and data challenges across the entire lifecycle of a corporate bond.
“This integration not only delivers high quality structured data and connectivity to our clients but also streamlined access to the primary issuance process.”
The mutual clients of DirectBooks and MarketAxess will be able to manage their primary processes through a separate interface on MarketAxess aiming at increasing workflow efficiency and access for buy side traders.
The integration allows MarketAxess clients to review DirectBooks deal announcements, submit indications of interest, and receive allocation messages from syndicate desks, which additionally aims at increased speed, accuracy, and transparency across the deal lifecycle.
Rich Kerschner, CEO of DirectBooks, says: “DirectBooks is delighted to welcome MarketAxess as our newest connectivity partner.
“We are committed to enhancing efficiency across the primary markets for all counterparties. Integrating with MarketAxess was a natural choice given their scale, technology leadership, and deep client network in global fixed income.”
Chris Concannon, CEO of MarketAxess, adds: “We are excited to be working with DirectBooks to solve our clients’ workflow and data challenges across the entire lifecycle of a corporate bond.
“This integration not only delivers high quality structured data and connectivity to our clients but also streamlined access to the primary issuance process.”
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