MarketAxess Updated MTF Rulebooks

Updated on: Nov 7, 2025

Latest Event


  • Nov. 4, 2025 Update Rulebooks
  • On Nov. 4, 2025, MarketAxess Europe MTF issued updated EU MarketAxess NL B.V. MTF Rulebook and UK MTF rulebook, both of which come into force on Dec. 1, 2025.

On Jan. 8, MarketAxess issued new rulebooks for Europe and NL B.V.

  • MarketAxess and MarketAxess Europe MTF published renamed MTF Rulebooks for what were previously UK and EU Rulebooks, that have been the subject of changed names.
  • Follows MarketAxess Sep. 2022 issued updated MTF fee schedule, see #148260.
  • Changes Overview
  • On Dec. 7, 2023, MarketAxess and MarketAxess Europe MTF published two updated versions of the UK and EU rulebooks in response to corporate changes at the firm.
  • The UK version of the rulebook is now renamed MarketAxess Europe Limited MTF Rulebook and the EU version is renamed as the MarketAxess NL B.V. MTF Rulebook.
  • This reflects the changes made in terms of naming on the MarketAxess MTF website.
  • Apart from that, the rulebooks are the same as those as amended on Dec. 7, 2023.
  • Effectiveness
  • The revisions to both these market rulebooks all come into effect as from Jan. 1, 2024.
  • May 2025 Updated Rulebooks
  • On May 9, 2025, MarketAxess published updated versions of the UK and EU MTF rulebooks in order to add RFQ-hub segment and related amendments.
  • The updated versions are effective from Jun. 11, 2025.
  • Nov. 4, 2025 Update Rulebooks
  • On Nov. 4, 2025, MarketAxess Europe MTF issued updated EU MarketAxess NL B.V. MTF Rulebook and UK MTF rulebook, both of which come into force on Dec. 1, 2025.
Regulators
MarketAxess; MarketAxess Europe MTF
Entity Types
B/D; Exch
Reference
RF, 11/4/2025; PR 5/9/2025; RF, PR 1/8/2024
Functions
Anti-Bribery; Compliance; Financial; Fraud; Legal; Market Conduct; Operations; Reporting; Risk; Technology; Trade Reporting; Trading; Treasury
Countries
EU Exchange; Global Regulator; Netherlands; United Kingdom
Category
State
N/A
Products
Clearing; Derivatives; Fixed Income; Securities
Rule Type
Final
Regions
Global
Rule Date
Jan 8, 2024
Effective Date
Dec 1, 2025
Rule ID
197240
Linked to
Reg. Last Update
Nov 4, 2025
Report Section
International