Mar 06, 2019 / 02:15PM GMT
Patrick Joseph O'Shaughnessy - Raymond James & Associates, Inc., Research Division - Research Analyst
Up next we have MarketAxess, represented by CFO, Tony DeLise; and then we have Rich Schiffman, Head of Open Trading. And format, we're just going to do Q&A and then open it up to audience questions towards the end. So for those of you who are not familiar, there's quick slides up on the screen kind of gives a brief overview of what they do, electronic bond trading platform, really disrupting how corporate bonds are traded right now.
Questions and Answers:
Patrick Joseph O'Shaughnessy - Raymond James & Associates, Inc., Research Division - Research AnalystSo I think, kind of, to kick us off, can you guys describe what you view as MarketAxess' competitive advantage and how that's really changed post financial crisis?
Richard J. Schiffman - MarketAxess Holdings Inc. - Head of Open Trading
Sure. I'll take that, Tony. Well, let's say, so we've been in this business for