MarketAxess Holdings Inc. announced the first client Casada trade executed via Request-for-Quote (RFQ) protocol on their Emerging Markets (EM) platform, with Safra as the buyside client. MarketAxess now provides trading in the complete spectrum of Brazilian sovereign debt instruments ? including LFTs, LTNs, NTN-Fs and NTN-Bs.

As the dominant protocol for fixed income electronic trading globally, the introduction of trading Casada via RFQ by MarketAxess supports greater liquidity discovery for local and international investors trading Brazilian debt strategies. A private RFQ auction allows investors to find transparency and liquidity on demand.