But today, with electronic execution, streamlined settlement and smooth straight-through processing, the barriers for global institutions to enter the market have been significantly reduced.This strategic step reinforces MarketAxess' position as a leader in the emerging markets (EM) bond arena. In the first quarter of 2025, MKTX reported 9% year-over-year growth in the trading volume of emerging markets. EM trading ADV increased to $3.9 billion in the same quarter, indicating 9% year-over-year growth. As now India is also included in its offerings, the trading volume could further boost.As global investors are looking for high-yield, stable emerging markets, India's debt market is emerging as a significant opportunity.