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S&P Dow Jones Indices (‘S&P DJI’), a leading provider of financial market indices, has entered into a strategic partnership with MarketAxess (Nasdaq: MKTX), an operator of electronic trading platform for fixed-income securities, in a bid to jointly develop indices to track the most liquid segments of the corporate bond market in the US, according to a S&P statement.
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The new partnership between the two venues will look to herald a new wave of indices touching on the US corporate bond market, one of the largest in the world. In particular, both ... (read more)