12 Best Stocks to Invest In According to Two Sigma Advisors with Huge Upside Potential

8. MarketAxess Holdings Inc. (NASDAQ:MKTX)

Stock Upside Potential: 56.46%

Number of Hedge Fund Holders: 42

Two Sigma Advisors’ Stake: $86,453,480

MarketAxess Holdings Inc. (NASDAQ:MKTX) is one of the best stocks to invest in according to Two Sigma Advisors with huge upside potential. On June 18, MarketAxess Holdings Inc. (NASDAQ:MKTX) launched TraX Tape, a new bond market data solution that consolidates trading activity from across global markets into a single, standardized feed. The company said the feed is enriched with real-time analytics and AI-powered pricing intelligence.

According to MarketAxess, the product is built on its existing TraX data infrastructure, which aggregates bond trading data from a global network of dealers and clients. TraX Tape adds a layer of proprietary data cleansing that the company has been refining for over a decade to remove duplicate or noisy records before they reach the end user, the company stated.

MarketAxess noted that what makes TraX Tape more than just a data aggregator is its enrichment layer. That is, the product appends each trade with a directional indicator, which shows whether a trade was a buy or sell, yield and spread calculations, and pricing context sourced from MarketAxess’ AI-powered pricing engine called CP+. The engine draws on live activity from one of the world’s largest electronic credit trading platforms.

What this means is that a bond trader or portfolio manager receives a cleaner interpretation of market conditions. This is particularly useful as the volume of required regulatory disclosures from UK and EU reforms grows and creates information overload rather than clarity.

MarketAxess Holdings Inc. (NASDAQ:MKTX) is a financial technology company. It operates an electronic trading platform for fixed-income securities, including corporate bonds, municipal bonds, and emerging market debt. The platform connects broker-dealers and institutional investors.