MarketAxess Reports Record Credit Trading Volumes for Q3
MarketAxess(MKTX) ZACKS·2024-10-04 18:31
MarketAxess Holdings Inc. (MKTX) announced impressive growth in its trading volumes for the third quarter of 2024. The total credit average daily trading volume ("ADV") reached nearly $14.1 billion, marking a yearover-year increase of more than 26.5%. This growth was driven by notable gains across various segments, including 35.7% rise in U.S. high-grade ADV, 19.1% boost in emerging markets ADV and 27.4% growth in Eurobonds ADV. Total ADV rose 38.4% to $40.5 billion in the September quarter. Among the segme ...