MarketAxess has acquired a 90% controlling stake of global derivatives and ETF platform RFQ-hub.
RFQ-hub operates a bilateral, multi-asset and multi-dealer request for quote (RFQ) platform, covering listed and over-the-counter derivatives, structures products and exchange-traded funds across equities and fixed income. Established in 2008 it has been run by a consortium of firms since 2022, including MarketAxess.
The remaining 10% of RFQ-hub will continue to be owned by founding members, including prominent market makers Citadel Securities, Flow Traders and Jane Street Capital, and asset manager BlackRock.
On the acquisition, Kat Sweeney, global head of data and ETF solutions at MarketAxess, commented: “MarketAxess is focused on supporting and expanding the role of fixed-income ETFs and credit futures, as they become increasingly important tools for our clients to manage their exposure to the fixed-income market and unlock liquidity in the underlying bonds.”
©Markets Media Europe 2025