MarketAxess to carry JPMorgan's secondary loan prices

By Sara Rosenberg

New York, Oct. 29 - MarketAxess Corporate BondTicker is now offering indicative price for syndicated loans, which will be updated regularly throughout the day.

The levels are being provided by JPMorgan.

"The addition of loan pricing information to BondTicker furthers our goal of providing comprehensive price information across a broad set of credit instruments." said Richard M. McVey, MarketAxess' chief executive officer, in a news release.

"The availability of price information for this $1 trillion market is an important step towards advancing the transparency of the leveraged loan marketplace."

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