MarketAxess adds another OMS

MarketAxess is linking up to a fifth order management system (OMS), in a continuation of its efforts to increase straight-through processing (STP) on its credit trading platform.

LatentZero’s Capstone Minerva becomes the latest OMS to link up with MarketAxess, following in the footsteps of Bloomberg’s Portfolio Order Management System, Linedata Longview, Charles River and Decalog.

“It’s a top priority to get linked into as many order management systems as we can,” says Phil Chenery, European STP