MarketAxess completes acquisition of Deutsche Börse’s regulatory reporting hub

MarketAxess has completed its previously announced acquisition of the regulatory reporting business of Deutsche Börse Group via its Netherlands subsidiary Trax.

Christophe Roupie, head of EMEA and APAC at MarketAxess, said in a statement: “This acquisition is a firm demonstration of our long-term commitment to building our regulatory reporting infrastructure across Europe. It will help us to extend the full front-to-back trade lifecycle services that we offer, from trading and data through to reporting and regulatory compliance.”

MarketAxess will be working with Deutsche Börse over the coming months to successfully transition all new clients, he added.

Source

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