Axis Trading Solutions, Inc. said trading will resume on MuniAxis, under a new partnership with RBC Capital Markets LLC, in the first quarter of this year.

As the sponsoring broker dealer, RBC will act as the counter party and provide clearing and settlement services for all trades occurring on MuniAxis. The trading system was formerly maintained by Lebenthal & Co., which shuttered its municipal underwriting and institutional sales division in 2014 to focus on the retail side of the business.

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