--- title: MarketAxess Launches Diversity Dealer Initiative description: Technology will advance trading relationships with minority-, women- and veteran-owned broker-dealers. image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_33831413_l-2015-May-12-2022-09-30-30-18-AM.jpg --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/marketaxess-launches-diversity-dealer-initiative#popup-newsletter) #### Want the latest news on securities markets -- FREE? 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The Open Trading network of institutional participants creates a significant pool of available liquidity, which delivered over 25,000 credit trading opportunities per day and over $16 billion in daily notional volume in 2020. Pilot participants include Loop Capital Markets, R. Seelaus & Co., BlackRock, Inc. and AllianceBernstein L.P. ("AB"). “Many institutions want to trade with a more diverse set of counterparties,” said Rick McVey, Chairman and CEO of MarketAxess. “Our Diversity Dealer Initiative leverages our market leading technology to advance trading relationships between our network of asset managers and minority-, women- and veteran-owned broker-dealers. This is a powerful example of the value that Open Trading technology creates for our clients. By eliminating barriers to opportunity and building connectivity in global fixed income trading, we are able to improve liquidity for all market participants.” Annie Seelaus, Chief Executive Officer of R. Seelaus & Co., said, “Expanding market access for women-led organizations is a challenge, one that is only possible to overcome with thoughtful use of technology. I’m thrilled to be working with MarketAxess on the Diversity Dealer Initiative, raising the visibility of our market making capabilities with an extensive network of participants.” Dan Veiner, Global Head of Fixed Income Trading with BlackRock, commented “As a fiduciary on behalf of clients, BlackRock is committed to cultivating and advancing diversity in all forms across our organization and in the markets that we serve. Trading initiatives that provide broader access to opportunities will meaningfully contribute to the growth of participating diverse broker businesses.” Jim Switzer, Global Head of Fixed Income Trading and Head of Municipal Bonds with AB, remarked, “Technology is the catalyst for driving progress in the fixed income markets and improves the way all participants interact, connect and trade.  It’s encouraging to be a part of an initiative which truly improves access to liquidity and allows us to meet our investment objectives while also supporting the success of diversity dealers.” The pilot program began in November 2020 and supports trading in investment grade bonds, high yield bonds and municipal securities available through the Open Trading marketplace. Based on significant early interest in the Diversity Dealer Initiative, additional dealer and institutional investor firms are currently being on-boarded. Source: MarketAxess [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/marketaxess-launches-diversity-dealer-initiative) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/marketaxess-launches-diversity-dealer-initiative) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/marketaxess-launches-diversity-dealer-initiative) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. 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