Business
MarketAxess Announces Monthly Volume Statistics For February 2020
Company Reports Record Monthly Average Daily Credit Trading Volume and Record Monthly Trading for Open Trading™ and U.S. Treasuries NEW YORK, March 03, 2020
About this update from Marketaxess Holdings, Inc.
[{"type":"text","content":"Company Reports Record Monthly Average Daily Credit Trading Volume and Record Monthly Trading for Open Trading™ and U.S. Treasuries\nNEW YORK, March 03, 2020 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced monthly trading volume for February 2020 of $592.1 billion consisting of $190.0 billion in credit volume and $402.1 billion in rates volume.\n A number of trading volume records were achieved in February 2020, including for the following categories: Total credit average daily trading volume of $9.9 billionOpen Trading™ average daily trading volume of $2.9 billion and total trading volume of $55.4 billionU.S. high-yield average daily trading volume of $1.6 billion and total trading volume of $30.7 billionEurobond average daily trading volume of $1.2 billion and total trading volume of $25.0 billionU.S. Treasuries average daily trading volume of $21.0 billion and total trading volume of $398.7 billion The Company also reported record credit and U.S. Treasuries average daily volume for the week ended February 28, 2020 of $13.9 billion and $31.3 billion, respectively and record credit and U.S. Treasuries trading volume on February 28, 2020 of $20.4 billion and $44.0 billion, respectively. Reported MarketAxess volume in all product categories includes only fully electronic trading volume. MarketAxess trading volumes, TRACE reported volumes and Trax® processed volumes are available on the Company’s website at investor.marketaxess.com/volume.cfm Cautionary Note Regarding Forward-Looking Statements This press release may contain forward-looking statements, including statements about the outlook and prospects for Company and industry growth, as well as statements about the Company’s future financial and operating performance. These and other statements that relate to future results and events are based on MarketAxess’ current expectations. Actual results in future periods may differ materially from those currently expected or desired because of a number of risks and uncertainties, including: the volatility of financial services markets generally; the level of trading volume transacted on the MarketAxess platform; the absolute level a...