MarketAxess × X-Pro

Senior UX Designer · June 2022 – 2024

Redesigned MarketAxess’s pre-trade decision surface for bond traders, co-designed with BlackRock, State Street and DWS, alongside CP+, a machine-learning engine pricing 24,000+ bonds. ~20% lift in trader volume.

→ The system

X-Pro is the protocol-selection and pre-trade-analytics workflow in MarketAxess’s wider Trade remit (Auctions, Open Trading®, Auto-X™, Portfolio Trading, Live Markets, RFQ-hub). In the same remit, I worked on CP+, a real-time, machine-learning bond-pricing engine, built with H2O.ai, computing algorithmic prices across 24,000+ corporate bonds that otherwise have no continuous public price.

→ What I owned

Led the redesign of the protocol-selection and pre-trade-analytics workflow end-to-end: the decision surface a trader uses to choose how a trade gets executed, and its impact on the market.

Co-designed the open/close auctions protocol with named institutional users, the likes of BlackRock, AllianceBernstein, DWS, State Street, during build and testing, not validated after the fact.

→ The outcome

~20%

lift in trader volume, CEO-credited to X-Pro

~30%

lift in trades executed

MarketAxess X-Pro trading workstation, dual-monitor product shot

Orders and Activity list with an RFQ list submission panel and the workstation Alerts panel

Bond detail: Market Activity, Market depth, live Activity feed, Performance chart, and Routing

Auto-X automation rule in progress, Portfolio list Submission, and RFQ list submission

Activity Console: a 200-item PT List with portfolio negotiation and per-dealer outlier analysis