IMTC and MarketAxess Integrate to Streamline Fixed Income Trading and Liquidity

Quick Summary

IMTC has integrated with MarketAxess to provide buy-side portfolio managers with direct access to global fixed income trading liquidity. This partnership allows mutual clients to route orders and execute trades across credit products directly within their existing portfolio construction and optimization workflows.

How does the integration enhance fixed income trading workflows?

The integration brings MarketAxess’ electronic marketplace and liquidity closer to the point of portfolio decision-making. By embedding liquidity directly into IMTC’s portfolio construction tools, managers can discover market opportunities and execute trades without leaving their primary platform. This connectivity ensures that rigorous compliance controls are maintained while streamlining the transition from idea generation to trade execution. Front-loading liquidity access allows for faster execution cycles and reduced manual intervention in the trading process.

• Direct routing of orders to MarketAxess from the IMTC platform.
• Access to differentiated credit liquidity across global markets.
• Maintained operational control and auditability throughout the trade lifecycle.

Can this solution scale custom fixed income portfolios and SMAs?

Yes, the relationship supports portfolio managers in scaling custom model-driven strategies and Separately Managed Accounts (SMAs). By linking IMTC’s advanced optimization outputs with MarketAxess’ electronic trading protocols, firms can manage high volumes of accounts with greater precision and scale. This automation is critical for firms looking to grow their fixed income assets under management without significantly increasing operational overhead. The ability to turn portfolio decisions into executable orders instantly is a major advantage for high-growth investment firms.

What impact does this have on execution quality and costs?

Mutual clients can expect to improve execution quality and significantly reduce transaction costs through access to diverse liquidity pools. The end-to-end workflow minimizes manual intervention, reducing the risk of errors and speeding up the reporting process. By leveraging actionable data offerings, institutional investors can achieve better outcomes in increasingly fragmented markets. The integration helps firms streamline trade workflows from the initial idea through to final reporting, ensuring maximum efficiency and transparency.

"MarketAxess continues to expand the reach of our global network and bring more differentiated liquidity and data to institutional investors. By integrating with IMTC's portfolio and order management technology, we are embedding that liquidity directly into the investment workflow, making it easier for our mutual clients to discover opportunities, execute with confidence, and achieve better outcomes across fixed-income markets." said Spencer Lee, MarketAxess Head of Products, Americas.

"As firms look to scale fixed income management, PMs need optimization, compliance, and execution to operate in one connected workflow. Partnering with a leader like MarketAxess allows our mutual clients to tap into a deep liquidity network while turning portfolio decisions into executable orders with greater precision, scale, and auditability." said Russell Feldman, IMTC CEO.

FF NEWS TAKE:

This integration is a significant win for the buy-side. For too long, fixed income has lagged behind equities in terms of seamless workflow integration. By bridging the gap between portfolio optimization and execution, IMTC and MarketAxess are addressing a major pain point. This move definitely moves the needle by enabling the kind of scale and efficiency that modern fixed income trading desks desperately require to remain competitive in a digital-first market.