Technology vendor of the year - MarketAxess

Asia Risk Awards 2006

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The development of electronic trading systems has become an ever-more-critical issue in the credit derivatives market, and MarketAxess' initiatives in this space win it Asia Risk's technology vendor of the year award for 2006.

Frenzied growth of the credit derivatives market in the past year has put enormous strains on dealers to improve their operational processes. The notional amount of credit default swaps (CDSs) outstanding rose by 109% to $26 trillion during the 12 months to June, accord