MarketAxess(US:MKTX)2021-10-20 18:53Financial Performance - Revenues decreased by 1% to $162.1 million[2] - Operating income decreased by 16% to $74.0 million[2] - EBITDA decreased by 9% to $88.8 million[2] - Diluted EPS decreased by 15% to $1.52[2] Market Share and Volume - Estimated U S high-grade market share decreased to 21 4% from 22 2%[3] - Estimated U S high-yield market share decreased to 15 3% from 16 0%[3] - U S High-Grade TRACE volume decreased by 6% year-over-year[10] - U S High-Yield TRACE volume decreased by 3% year-over-year[10] International Growth - Emerging markets hard currency volume increased by 17% to $108.9 billion[13] - Emerging markets local markets volume increased by 25% to $45.5 billion[13] - Eurobond volume increased by 22% to $76.2 billion[13] - Eurobond estimated market share increased to 13.1% from 9.5%[13] Open Trading and Automation - Average daily Open Trading volume decreased by 5% to $2.9 billion[21] - Dealer initiated Open Trading volume increased by 20% to $59.3 billion[21] - Auto-X volume increased by 39% to a record $42 billion[26] - MarketAxess municipal bond volume increased by 92% to $5.4 billion[25] Post-Trade and Information Services - Post-trade revenue increased by 101% to $9.4 million[33] - Information services revenue increased by 13% to $9.6 million[33]