Trading Technologies International, a global capital markets technology platform provider, has acquired London-based AxeTrading, a global provider of fixed income trading solutions. Terms of the transaction have not been disclosed.

Trading Technologies International (TT), a global capital markets technology platform provider, has acquired London-based AxeTrading, a global provider of fixed income trading solutions. Terms of the transaction have not been disclosed.

The acquisition broadens TT’s multi-asset capabilities with an expansion into full coverage of corporate, government, municipal and emerging market bonds as well as over-the-counter (OTC) interest rate swaps, strengthening TT’s leading position in fixed income derivatives and US Treasuries. 

In addition to providing connectivity to all major fixed income trading venues, AxeTrading also offers a customisable pricing and quote management engine, and automated workflow management tools to facilitate pricing, quoting and trading fixed income products across multiple venues and protocols.