Business
MarketAxess Announces Trading for Turkeys Initiative to Support City Harvest
Percentage of Portfolio Trading revenues in November will be donated to help feed New Yorkers in need NEW YORK--(BUSINESS WIRE)-- MarketAxess Holdings Inc.
About this update from Marketaxess Holdings, Inc.
[{"type":"text","content":"\nPercentage of Portfolio Trading revenues in November will be donated to help feed New Yorkers in need\n\n\n NEW YORK--(BUSINESS WIRE)--\nMarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced its Trading for Turkeys charity initiative to support City Harvest. Under the initiative, MarketAxess will make a charitable contribution equal to 25% of its U.S. High-Grade and U.S. High-Yield Portfolio Trading revenues during the month of November to City Harvest’s Repack to Give Back program to help feed New York City families during the holiday season. In addition, the MarketAxess Charitable Foundation will be City Harvest’s official 2023 Turkey sponsor.\n\n\nThis marks the fifth year that MarketAxess has worked with City Harvest in New York. Over the years, MarketAxess has helped rescue and deliver 772,000 lbs. of food in partnership with City Harvest. As this year’s official Turkey sponsor, the MarketAxess Charitable Foundation will help to rescue and deliver more than 116,000 lbs. of food to New Yorkers in need in November alone.\n\n\n“We are thrilled to kick off our Trading for Turkeys program with an esteemed partner like City Harvest,” said Kevin McPherson, Chief Revenue Officer at MarketAxess. “Portfolio Trading is the perfect avenue to begin this venture as more and more traders look to PT for its efficiency, integration with CP+™ and full range of accurate, real-time pricing and analytics. As the official Turkey sponsor for 2023, we look forward to working with City Harvest to deliver food to those in need.”\n\n\n“Three million New Yorkers are struggling to make ends meet, and the holiday season can be a particularly challenging time for those experiencing food insecurity,” said Erika Martinez, Associate Director of Business Partnerships at City Harvest. “We are grateful to MarketAxess for their partnership, which will allow us to rescue and deliver food for our neighbors in need this holiday season. We look forward to many more productive years working together.”\n\n\nThis year’s Trading for Turkeys program will focus on Portfolio Trading at MarketAxess. The recently updated protocol allows traders to customize their views and access new and improved analytics for a seamless execution experience through the next generation trading platform,...