Trading for Trees

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“These initiatives underscore our commitment to support our institutional investor and broker-dealer clients in meeting their ESG goals and strategies.” Chris Concannon, President and Chief Operating Officer

In 2019 MarketAxess launched their “Trading for Trees” program, under which five trees are planted by One Tree Planted, a partner charitable organization, for every $1 million of green bond trades executed on MarketAxess platforms.

In 2021, $51.1 billion in corporate and municipal green bond trading volume was executed globally on MarketAxess, an increase of 89.3% from 2020. In the US, where public data is available, MarketAxess ranks as the largest electronic corporate and municipal green bond marketplace with an estimated market share of 20.9% in TRACE-reported corporate and municipal green bond volume.

The third year of our “Trading for Trees” initiative proved successful. Our clients’ green bond trading on the MarketAxess platform resulted in over 255,000 trees being planted across six countries, including India, Côte d’Ivoire, Rwanda, and Canada. The impact of our projects was focused on wildfire restoration and enhanced bio- diversity, and provided local communities with resources to fight hunger and climate change.

For more information and a look at MarketAxess’ ESG Report for 2021 follow this link:
https://www.marketaxess.com/pdf/sustainability-report-2021.pdf