Best e-trading platform for corporate bonds and CDS: MarketAxess

MarketAxess retained its position as the number one electronic trading platform in this year’s awards, and benefited from the strong recovery in the credit markets over the second half of 2009 and first quarter of this year.

The first quarter was the company’s best yet, reporting record revenues of $34.9 million and net income of $6.7 million, up 136% over the same quarter in 2009.

Paddy Turner, head of sales for Europe and Asia at MarketAxess, says the company’s business model remains the same