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MarketAxess secures more dealers for European venue

Four more banks have signed up to join its European credit trading platform

MarketAxess, the US operator of an electronic trading platform for corporate bonds, has secured the support of four more dealers for its European version of the venue as it bids to profit from the retreat of banks in the market.

MarketAxess said on Wednesday that Australia and New Zealand Bank, Canadian Imperial Bank of Commerce, Mizuho and Toronto-Dominion would join its European credit trading platform.

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