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FANG investor takes stake in bond trading venue MarketAxess

Scottish investor Baillie Gifford's holding in the platform sits alongside those it has taken in global tech giants

FANG investor takes stake in bond trading venue MarketAxess

A Scottish investor known for its stakes in technology giants including Facebook, Amazon, Netflix and Google has bought shares in a trading venue that hopes to benefit from increasingly electronic bond markets.

Scottish Mortgage Investment Trust, which is managed by Edinburgh-based Baillie Gifford, revealed in its report for the first half of 2017 that it had taken a stake in MarketAxess Holdings.

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