Fixed Income Trading: New venues ( How many Fixed Income trading venues are there? )

How many Fixed Income trading venues are there?  [183]  Last update 11th November 2023]

A simple question came up recently in a conversation – how many new Fixed Income trading venues are there? I could not think of anywhere that maintained a comprehensive list, so I decided to try and put something together. 

A global list of Fixed Income Trading Venues with a change log

Let’s start with Swaps Execution Facilities... 
These all have to be registered with the US Commodity Futures Trading Commission (the CTFC) and so these can all be found on their website using this link
This shows these venues:

1. tpSEF Inc.
2. 360 Trading Networks
3. BGC Derivatives Markets, L.P.
4. Refinitiv SEF
5. DW SEF LLC
6. TW SEF LLC
7. Tradition SEF, Inc
8. CME
9. Bloomberg SEF LLC
10. ICAP Global Derivatives Limited
11. GFI Swaps Exchange LLC
12. LatAm SEF, LLC
13. SwapEx LLC
14. CBOE
15. ICE Swap Trade LLC
16. FTSEF
17. Clear Markets North America, Inc.
18. NEX SEF Ltd
19. LedgerX LLC
20. iSWAP Euro
21. AEGIS SEF
22. SpectrAxe
23. TeraExchange, LLC 
24. RTX Fintech & Research LLC

Also, added FINRA ATS venues from 

1. 22 CLARIDY BIDRATE ALTERNATIVE TRADING SYSTEM
2. ICE BONDPOINT
3. NASDAQ FIXED INCOME
4. HTDonline
5. ICAP TRADING SYSTEM
6. ICAP SECURITIES USA
7. IBKR ATS
8. LIQUIDITYEDGE, LLC
9. OTC LINK ATS
10. SPREAD ZERO ATS
11. TPCREDITDEAL
12. Bosonic Securities

There are also the following - now split into primary and secondary market (note - this is a work in progress, there are a lot of new primary markets offerings appearing at the moment). 

Primary

1. Ipreo Capital Markets Solutions 
2. DirectBooks Bank of America, Citigroup and JPMorgan consortium
3. agora - digital capital markets
4. CredX
5. Origin
6. Debtvision
7. Covalent Capital
8. China Bond Connect ePrime
9. Acquired nivaura Aurora by NowCM
10. Bond180
11. Wethaq
12. Onbrane
13. TP-ICAP Liquidnet Debt Capital Markets
14. BOTS
15. Bitbond
16. Finsmart DealPro
17. Alpha Ledger
18. InterPrice Technologies
19. SIX deal pool
20. BondAuction
21. Obligate

Secondary

1. HSBC Credit Place **
2. GFI Credit Match **
3. KCG Acknowledge **
4. Euronext MTS Prime
5. Tradition Bonds Pro
6. London Stock Exchange Order Book for Retail Bonds  
7. Blackrock Aladdin alone
8. Blackrock Aladdin in partnership with Tradeweb and MarketAxess
9. UBS BondPort.     
10. TruMid & Electronifie - SEC registered ATS and FINRA registered broker-dealer     
11. SIX  
12. NYSE Bonds     
13. DelphX
14. ICE Bondpoint
15. ICE The Muni Centre        
16. Bloomberg ALLQ
17. Bond-X
18. Borsa Italiana MOT
19. MarketAxess
20. NasdaqOMX eSpeed
21. Tradeweb US Corporate Bond platform
22. Tradeweb Dealerweb and CodeStreet Dealer Pool and here
23. Eurex Bonds
24. Canada Candeal
25. Australia Yieldbroker
26. Japan Yensai
27. Korea Stock Exchange Ordinary Bond Trading System
28. Taiwan Gre-Tai Fixed Income Securities Trading System
29. Hi-MTF Order driven
30. Hi-MTF Quote driven
31. Thomson Reuters FI Trading (TRFIT)
32. Luxembourg Stock Exchange Fixed Income Trading
33. China Exchange Bond Market (see this very good note from Goldman Sachs, also Chinabond )
34. MICEX Bond trading
35. Tel Aviv Stock Exchange Bond Trading
36. Istanbul Stock Exchange Bond Trading
37. Deutsche Bank Oasis
38. Cetip Trader
39. Johannesburg Stock Exchange Debt Market
40. Australian Stock Exchange Exchange Traded Bond Market
41. Brownstone Investment Group - executable quotes
42. Credit Suisse Onyx
43. Ghana GFIM
44. GMEX
45. LSE Curve Global
46. CEINEX
47. SEBI Private Placement
48. India ND-OMS
49. Liquidity Finance: Liquidity Flow
50. Clarity BidRate
51. BB Super Trade
52. Central Totan Securities Tri-trade (website is in Japanese and not very informative)
53. MAE
54. Spain SENAF
55. Greece HDAT
56. Columbia (MEC)
57. Columbia Electronic Trading System (SEN)
58. Malaysia Bursa ETP
59. Poland BondSpot
60. Turkey
61. Indonesia FITS
62. Stuttgart Stock Exchange
63. BrokerTec Direct
64. CastleOak DirectPool
65. Nasdaq Baltic Bond List
66. Nasdaq FirstNorth MTF
67. Nasdaq Nordic - Denmark
68. Nasdaq Nordic - Sweden
69. Nasdaq Nordic - Iceland
70. Nasdaq Nordic - Finland
71. Nasdaq Armenia
72. Oslo
73. Tradelogiq Markets
74. SEND
75. e-MID
76. TP-ICAP Liquidnet (the old Vega-Chi business)
77. TP-ICAP LiquidityChain
78. TP-ICAP Scrapbook
79. TP-ICAP ISAM
80. TP-ICAP Crosstrade
81. TP-ICAP eVolumeMatch
82. CME Brokertec
83. Virtual Auction Global
84. Hong Kong Bond Connect
85. Kenya M-Akiba and here 
86. Thomson Reuters Fixed Income Callouts
87. Fenics US Treasuries 
88. Eurex Corporate Bond Futures 
89. Saudi Arabia 
90. Debitos 
91. Shenzhen Pingguo Shuju Keji Ltd Qtrade 
92. JSE/MTS South Africa 
93. Nasdaq US Corporate Bond Exchange 
94. Bucharest Stock Exchange ATS 
95. Bourse Régionale des Valeurs Mobilières
96. LTX
97. LiquidityCube
98. LedgerEdge
99. Mercari/FEX
100. BondBloX
101. Bonds.PH
102. Strips.finance
103. Bloomberg Bridge
104. Debond Protocol
105. Neptune Trading Venue
106. India NSE Order Matching
107. India NSE Corporate Bond Reporting System
108. India NSE Negotiated Trade Reporting System
109. India NSE RFQ System
110. India BSE New Debt Segment – Reporting, Settlement and Trading
111. India BSE Retail Debt Market
112. India BSE ebidXchange
113. OpenYield
114. South Pacific Exchange
115. SDAX
116. PV01
117. Cape Town Stock Exchange
118. Octaura
119. Namibia Bond Exchange
120. Cicada

Investment Bank Single Dealer Venue

1. JP Morgan Liquidity Network

Data Centric

1. Overbond
2. 7-Chord
3. BondCliq
4. Neptune   

Commercial Paper

1. NowCP

Some of the members of this list are not so much venues as projects to provide enabling tools - such as Neptune.  But it's not inconceivable that that project could have some positive scope creep and end up as a venue. And indeed it has - read about it here.

I am sure I have missed a few - please feel free to notify me in the comments and I'll amend this post....

[Published 15th December 1014]

[Updated 17th December 2014 added LSE Order Book for Retail Bonds]

[Updated 17th December 2014 added Borsa Italiana MOT]

[Updated 17th December 2014 added Tradeweb US Corporate Bond platform]

[Updated 17th December 2014 added ICAP Brokertec]

[Updated 17th December 2014 added NasdaqOMX eSpeed]

[Updated 17th December 2014 added Tradeweb Dealerweb]

[Updated 17th December 2014 added StateStreet Govex]

[Updated 17th December 2014 addedStateStreet FICross]

[Updated 17th December 2014 added Eurex Bonds]

[Updated 17th December 2014 added Canada Candeal]

[Updated 17th December 2014 added Australia Yieldbroker]

[Updated 17th December 2014 added Japan Yensai]

[Updated 17th December 2014 added Hi-MTF Order driven]

[Updated 17th December 2014 added ThomsonReuters FI Trading (TRFIT)]

[Updated 20th December 2014 to remove duplicate and add MarketAxess]

[Updated 22nd December 2014 to add Dealer Pool per comment below]

[Updated 23rd December 2014 to add Luxembourg Stock Exchange]

[Updated 24th December 2014 - added China]

[Updated 30th December 2014 per discussion https://lnkd.in/bWXBCXx] 

[Updated 19th January 2015 - SIX Swiss/Algomi tie-up] 

[Updated 26th January 2015 - added Deutsche Bank Oasis] 

[Updated 27th January 2015 - added ICAP Scrapbook] 

[Updated 29th January 2015 - added DirectMatch and CrossRate] 

[Updated 31st January 2015 - added OpenBondX] 

[Updated 31st January 2015 - added B2Scan]

[Updated 2nd February 2015 - added EMBonds]

[Updated 2nd February 2015 - added details on Project Neptune]

[Updated 9th February 2015 - added Brazil CETIP Trader]
[Updated 13th February 2015 - added South Africa]
[Updated 16th February 2015 - added Australia XTB Market]
[Updated 17th February 2015 - added Brownstone Investment Group]
[Updated 7th April 2015 - added Credit Suisse Onyx]
[Updated 23rd September 2015 - removed Bondcube. Now 64+25=89 venues]
[Updated 24th September 2015 - added Ghana GFIM. Now 65+25=90 venues]
[Updated 15th October 1015 - added zeroflows. Now 65+25=91 venues]
[Updated 15th October 2015 - updated SEFs list - removed EOX Exchange LLC]

[Updated 15th October 2015 - removed INFX SEF Inc]

[Updated 15th October 2015 - removed SDX Trading LLC]

[Updated 15th October 2015 - added Seed SEF LLC. Now 24+66 = 90 venues]
[Updated 16th October 2015 - re-added GMEX. Now 24+67=91 venues]
[Updated 17th October 2015 - added LSE curve global. Now 24+68 = 92 venues]
[Updated 19th October 2015 - added CEINEX. Now 24+69 = 93 venues]

[Updated 13th November 2015 - added MTS Bonds Pro ATS. Now 24+70 = 94 venues]
[Updated 18th November 2015 - removed G-sessions. Now 24+69 = 93 venues]
[Updated 18th November 2015 - removed Amias Berman. Now 24+68 = 92 venues ]
[Updated 30th November 2015 - added India Sebi Private Placement. Now 24+69 = 93]
[Updated 30th November 2015 - added India ND-OMS. Now 24+70 = 94 venues]
[Updated 16th December 2015 - added OpenDoor Trading. Now 24+71 = 95 venues]
[Updated 17th December 2015 - added Hi-MTF Quote Driven. Now 24+72 = 96 venues]
[Updated 28th December 2015 - added Origin Markets. Now 24+73 = 97 venues]

[Updated 29th January 2016 - added ICAP Yuniti. Now 24+74 = 98 venues]

[Updated 13th February 2016 - removed ICAP Yuniti. Now 24+73 = 97 venues]

[Updated 13th February 2016 - added ICAP ISAM. Now 24+74= 98 venues]

[Updated 13th February 2016 - removed Seed/SDX . Now 23+74= 97 venues]

[Updated 20th February 2016 - added Clarity and Liquidity Finance. Now 23+76= 99 venues]

Note: The SIFMA paper is very informative - well worth a read if you find yourself here.

Linked by Bloomberg http://www.bloomberg.com/news/articles/2016-04-14/fixed-income-investors-have-99-ways-to-trade-and-one-big-problem

[Update 16th April 2016 - renamed Crossrate to Nasdaq Crossrate]

[Update 16th April 2016 - added BB Super Trade]

[Update 16th April 2016 - added Central Totan Securities Tri-trade. Now 23+78 = 101]

[Updated 21st April 2016 - Added Seed . Now 24+78= 102 venues]
[Updated 21st April 2016 - Added MAE. Now 24+79= 103 venues]
[Updated 21st April 2016 - Added SENAF. Now 24+80= 104 venues]
[Updated 21st April 2016 - Added HDAT. Now 24+81= 105 venues]
[Updated 21st April 2016 - Added SEN. Now 24+82= 106 venues]
[Updated 21st April 2016 - Added MEC. Now 24+83= 107 venues]
[Updated 21st April 2016 - Added Malaysia Bursa ETP. Now 24+84= 108 venues]
[Updated 21st April 2016 - Added Poland BondSpot. Now 24+85= 109 venues]
[Updated 21st April 2016 - Added Turkey OTASS. Now 24+86= 110 venues]
[Updated 27th April 2016 - Added Indonesia FITS. Now 24+87=111 venues]
[Updated 6th June 2016 - Added Stuttgart and SIX. Now 24+89=113 venues]
[Updated 1st August 2016 - Added BrokerTec Direct. Now 24+90=114 venues]
[Updated 25th August 2016 - Removed Direct Match Marketplace. Now 24+89=113 venues]

Linked by Bloomberg http://www.bloomberg.com/news/articles/2016-11-08/bond-market-fragments-as-dealer-pullback-takes-toll-on-liquidity

Linked by The Desk http://www.fi-desk.com/derivatives-dealer-education-lynn-strongin-dodds/

[Updated 21st November 2016 - Added CastleOakDirectPool. Now 24+90=114 venues]
[Updated 22nd November 2016 - Added LiquidityEdge. Now 24+91=115 venues]
[Updated 26th November 2016 - Added KCG Acknowledge. Now 24+92=116 venues]
[Updated 26th November 2016 - Added Nasdaq Baltic. Now 24+93=117 venues]
[Updated 26th November 2016 - Added Nasdaq First North. Now 24+94=118 venues]
[Updated 26th November 2016 - Added Nasdaq Nordic - Denmark. Now 24+95=119 venues]

[Updated 26th November 2016 - Added Nasdaq Nordic - Sweden. Now 24+96=120 venues]

[Updated 26th November 2016 - Added Nasdaq Nordic - Iceland. Now 24+97=121 venues]

[Updated 26th November 2016 - Added Nasdaq Nordic - Finland. Now 24+98=122 venues]

[Updated 26th November 2016 - Added Nasdaq Armenia. Now 24+99=123 venues]

[Updated 26th November 2016 - Added Oslo. Now 24+100=124 venues]
[Updated 26th November 2016 - Added Omega ATS. Now 24+101=125 venues]
[Updated 30th November 2016 - Added BondCliq. Now 24+102=126 venues]
[Updated 4th January 2017 - Added Overbond. Now 24+103=127 venues]

[Updated 10th January 2017 - Added Origin. Now 24+104=128 venues]

Linked by The Trade http://www.thetradenews.com/Asset-Classes/Fixed-income/Number-of-bond-trading-platforms-available-reaches-128/ 

Linked by Marketsmuse http://marketsmuse.com/fintech-fixed-income-trading-private-placement-bonds/

[Updated 13th January 2017 - Added SEND.  Now 24+105=129 venues]
[Updated 30th January 2017 - Added e-MID  Now 24+106=130 venues]
[Waiting for confirmation on Tru-MID and Electronifie combination]
[Updated 23rd March 2017 - Merged Tru-MID and Electronifie Now 24+105=129 venues]
[Updated 28th May 2017 - Added LiquidityChain Now 24+106=130 venues]

[Updated 10th June 2017 - Added Virtual Global Auction Now 24+107=131 venues]

[Updated 10th June 2017 - Added Ledger X SEF Now 25+107=132 venues]

[Updated 10th June 2017 - Added NEX SEF Ltd Now 26+107=133 venues]
[Updated 2nd July 2017 - Added Hong Kong Bond Connect Now 26+108=134 venues]

[Updated 28th July 2017 - Added Kenya M-Akiba. Now 26+109=135 venues]

[Updated 2nd August 2017 - Removed Nasdaq CrossRate. Now 26+108=134 venues]

[Updated 9th September 2017 - Added Thomson Reuters Fixed Income Callouts. Now 26+109=135 venues]

[Updated 9th September 2017 - Added Fenics US Treasuries. Now 26+110=136 venues]

[Updated 23rd October 2017 - Added Eurex Corporate Bond Futures. Now 26+111 = 137]

[Updated 10th April 2018 - removed Morgan Stanley Bondpool https://www.fi-desk.com/platforms-what-the-winners-are-doing-right/. Now 26+110 = 136 venues]

[Updated 10th April 2018 - removed Citi CreditMatch FI https://www.fi-desk.com/platforms-what-the-winners-are-doing-right/. Now 26+109 = 135 venues]

[Updated 10th April 2018 - removed StateStreet FICross . Now 26+108 = 134 venues]

[Updated 10th April 2018 - renamed KCG Bondpoint to ICE Bondpoint] 

[Updated 10th April 2018 - removed ITG . Now 26+107 = 133 venues]

[Updated 10th April 2018 - added http://www.finra.org/industry/ats/trace-ats-identifiers-list - now 26 + 11 + 107 = 144 venues]
[Updated 10th April 2018 - added Saudi Arabia - now 26 + 11 + 108 = 145 venues]
[Updated 14th June 2018 - added Debitos - now 26 + 11 + 109 = 146 venues]

[Updated 14th June 2018 - added Debtvision - now 26 + 11 + 110 = 147 venues]
[Updated 18th June 2018 - added Bank of America, Citigroup and JPMorgan consortium -now 26 + 11 + 111 = 148 venues]

[Updated 18th June 2018 - added Ipreo Capital Markets Solutions - now 26 + 11 + 112 = 149 venues]

[Updated 23rd June 2018 - added Shenzhen Pingguo Shuju Keji Ltd Qtrade - now 26 + 11 + 113 = 150 venues]

[Updated 24th June 2018 - added TP-ICAP CrossTrade - now 26 + 11 + 114 = 151 venues]

[Updated 24th June 2018 - added TP-ICAP eVolumeMatch - now 26 + 11 + 115 = 152 venues]
[Update 24th June 2018.  Embonds have been acquired by BGC.  Have to wait and see if it's merged into existing BGC business or held at arms length]
[Updated 4th September 2018 - Added JSE/MTS South Africa. Now 26+11+116=153 venues]
[Updated 7th December 2018 - Added https://www.nasdaq.com/press-release/nasdaq-launches-us-corporate-bond-exchange-20181206-00444 . Now 26+11+117=154]
[Updated 26th February 2019 - Added http://www.bvb.ro/FinancialInstruments/Markets/Bonds. Now 26+11+118=155]
[Updated 21st April  2019 - Added Bourse Régionale des Valeurs Mobilières Now 26+11+119=156]
[Updated 13th August 2019 - Removed LiquidityEdge Now 26+11+118=155]

Linked by CRD https://www.crd.com/insights/the-future-of-fixed-income-is-adaptive/  

[Updated 22nd June 2020 - Added LTX. Now 26+11+119=156]

[Updated 22nd June 2020 - Added LiquidityCube. Now 26+11+120=157]

[Updated 22nd June 2020 - Removed CME. Now 25+11+120=156]

[Updated 22nd June 2020 - Removed FTSEF LLC. Now 24+11+120=155]

[Updated 22nd June 2020 - Removed GTX SEF LLC. Now 23+11+120=154]

[Updated 22nd June 2020 - Removed ICAP SEF (US) LLC. Now 22+11+120=153]

[Updated 22nd June 2020 - Added iSwap Euro B.V. Now 23+11+120=154]

[Updated 22nd June 2020 - Removed Seed SEF LLC. Now 22+11+120=153]

[Updated 22nd June 2020 - Removed trueEX LLC. Now 21+11+120=152]

[Updated 23rd June 2020 - Added LedgerEdge. Now 21+11+121=153]

[Updated 24th June 2020 - changed TP-ICAP Brokertec to CME Brokertec.  Thank you Dan Barnes]

[Updated 17th September 2020 - removed TradingScreen Galaxy  and TradingScreen in partnership with the European buy-side see also here. Now 21+11+119 = 151] 

[Updated 18th September 2020 - removed Zeroflows and B2Scan. Now 21+11+117 = 149] 

[Updated 25th September 2020 - added Mercari/FEX. Now 21+11+118 = 150] 

[Updated 29th September 2020 - removed Algomi Honeycomb. Now 21+11+117 = 149] 

[Updated 29th September 2020 - removed Euronext Bondmatch. Now 21+11+116 = 148]

[Updated 5th October 2020 - added agora - digital capital markets]

[Updated 5th October 2020 - added credX]

[Updated 5th October 2020 - added Covalent Capital]

[Updated 5th October 2020 - removed duplicate]

[Updated 5th October 2020 - recategorised to primary + secondary 21+11+7+111 = 150]

[Updated 6th October 2020 - EMbonds appears dead in the water 21+11+7+110 = 149]

[Updated 14th October 2020 - Added BondBloX 21+11+7+111 = 150]

[Updated 21st October 2020 - Added China BondConnect ePrime 21+11+8+111 = 151] [Updated 21st October 2020 - Added nivaura Aurora 21+11+9+111 = 152]

[Updated 1st November 2020 - Added bond180 and wethaq 21+11+11+111 = 154]

[Updated 3rd November 2020 - Added onbrane 21+11+12+111 = 155]

[Updated 4th November 2020 - Added Liquidnet DCM  21+11+13+111 = 156]

[Updated 26th November 2020 - Added BOTS  21+11+14+111 = 157]

[Updated 9th December 2020 - Removed Tassat Derivatives 20+11+14+111 = 156]

[Updated 9th December 2020 - Removed iSwap Euro B.V. 19+11+14+111 = 155]

[Updated 9th December 2020 - Added Bonds.PH 19+11+14+112 = 156]

[Updated 19th December 2020 - Added https://www.bitbond.com/ 19+11+15+112 = 157]

[Updated 21st December 2020 - Updated taxonomy]

[Updated 21st December 2020 - Added 7-Chord 19+11+15+111+2 = 158]

[Updated 22nd December 2020 - Merged CodeStreet with Tradeweb Dealerweb  19+11+15+110+2 = 157]

[Updated 22nd December 2020 - Removed OpenBondX 19+11+15+109+2 = 156]

[Updated 22nd December 2020 - Recategorised Bondcliq 19+11+15+108+3 = 156]

[Updated 22nd December 2020 - Renamed OmegaATS to Tradelogiq 19+11+15+108+3 = 156]

[Updated 22nd December 2020 - Removed SIX Dark pool - using Algomi 19+11+15+107+3 = 155]

[Updated 22nd December 2020 - Recategorised Neptune 19+11+15+106+4 = 155]

[Updated 22nd December 2020 - Removed StateStreet Govex 19+11+15+105+4 = 154]

[Updated 13th January 2021 - Removed OpenDoor Trading 19+11+15+104+4 = 153]

[Updated 16th April 2021 - Added Finsmart 20+11+15+104+4 = 154]

[Updated 9th July 2021 - renamed SGX Bonds Pro to TrumidXT 20+11+15+104+4 = 154]

[Updated 17th August 2021 - added Alpha Ledger 19+11+17+104+4 = 155]

[Updated 25th August 2021 - added NowCP 19+11+17+104+4+1 = 156]

[Updated 27th August 2021 - added Interpricetech 19+11+18+104+5+1 = 158]

[Updated 18th November 2021 - recategorised DealPool 19+11+19+104+4+1 = 158]

[Updated 15th February 2022 - Added BondAuction 20+11+19+104+4+1 = 159]

[Updated 28th February 2022 - Added Strips.finance  20+11+19+105+4+1 = 160]

[Updated 7th March 2022 - Added JP Morgan Liquidity Network  20+11+19+105+1+4+1 = 161]

[Updated 16th March 2022 - Added Bloomberg Bridge 20+11+19+106+1+4+1 = 162]

[Updated 18th March 2022 - Added Fenics Invitations 20+11+19+107+1+4+1 = 163]

[Updated 21st April 2022 - Added Debond Protocol 20+11+19+108+1+4+1 = 164]

[Updated 21st April 2022 - Added Aegis and iSwap 21+11+20+108+1+4+1 = 166]

[Updated 26th October 2022 - Removed TrumidXT 21+11+20+107+1+4+1 = 165]

[Updated 26th October 2022 - Added Neptune Trading Venue 21+11+20+108+1+4+1 = 166]

[Updated 26th October 2022 - Added India NSE Order Matching 21+11+20+109+1+4+1 = 167]

[Updated 26th October 2022 - Added India NSE Corporate Bond Reporting System 21+11+20+110+1+4+1 = 168]

[Updated 26th October 2022 - Added  India NSE Negotiated Trade Reporting System 21+11+20+111+1+4+1 = 169]

[Updated 26th October 2022 - Added India NSE RFQ System 21+11+20+112+1+4+1 = 170]

[Updated 26th October 2022 -Added India BSE New Debt Segment – Reporting, Settlement and Trading 21+11+20+113+1+4+1 = 171]

[Updated 26th October 2022 -Added India BSE Retail Debt Market 21+11+20+114+1+4+1 = 172]

[Updated 26th October 2022 -Added India BSE ebidXchange 21+11+20+115+1+4+1 = 173]

[Updated 26th October 2022 -Removed one TP-ICAP entity 21+11+20+114+1+4+1 = 172]

[Updated 23rd March 2023 October 2022 -Removed Fenics Invitations 21+11+20+113+1+4+1 = 171]

[Updated 23rd March 2023 October 2022 -Added OpenYield Invitations 21+11+20+114+1+4+1 = 172]

[Updated 23rd March 2023 October 2022 -Added Obligate 21+11+21+114+1+4+1 = 173]

[Updated 23rd March 2023 October 2022 -Removed MarketAxess 20+11+21+114+1+4+1 = 172]

[Updated 23rd March 2023 October 2022 -Added CME 21+11+21+114+1+4+1 = 173]

[Updated 23rd March 2023 October 2022 -Added FTSEF 22+11+21+114+1+4+1 = 174]

[Updated 23rd March 2023 October 2022 -Added SpectrAxe 23+11+21+114+1+4+1 = 175]

[Updated 23rd March 2023 October 2022 -Removed London Stock Exchange MTS Bonds Pro ATS 23+11+21+113+1+4+1 = 174]

Rename London Stock Exchange MTS Prime to Euronext MTS Prime  

Rename London Stock Exchange MTS Bonds Pro to Tradition

[Updated 23rd March 2023 -Added South Pacific exchange 23+11+21+114+1+4+1 = 175]

[Updated 23rd March 2023 -Added SDAX 23+11+21+115+1+4+1 = 176]

[Updated 29th March 2023 -Added PV01 23+11+21+116+1+4+1 = 177]

[Updated 19th April 2023 - Added CTSE  23+11+21+117+1+4+1 = 178]

[Updated 9th May 2023 - Added RTX Fintech & Research LLC 24+11+21+117+1+4+1 = 179]

[Updated 9th May 2023 - Added Bosonic Securities 24+12+21+117+1+4+1 = 180]

[Updated 9th May 2023 - Added RTX Fintech & Research LLC 24+12+21+118+1+4+1 = 181]

[Updated 17th October 2023 - added Namibia Bond Exchange 24+12+21+119+1+4+1 = 182]

[Updated 11th November 2023 - added Cicada 24+12+21+120+1+4+1 = 183]