Business
MarketAxess Announces Monthly Volume Statistics for January 2020
Company Reports Record Total Credit Monthly Trading Volume and Record Monthly Trading Volume for Open Trading™ NEW YORK, Feb. 04, 2020 (GLOBE NEWSWIRE) --
About this update from Marketaxess Holdings, Inc.
[{"type":"text","content":"Company Reports Record Total Credit Monthly Trading Volume and Record Monthly Trading Volume for Open Trading™\nNEW YORK, Feb. 04, 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 January 2020 consisting of $100.1 billion in U.S. high-grade volume, $100.2 billion in other credit volume and $395.7 billion in rates volume.\n Record monthly trading volume was achieved in January 2020 for the following categories: Total credit average daily trading volume of $9.5 billion and total trading volume of $200.3 billionOpen Trading™ average daily trading volume of $2.7 billion and total trading volume of $56.9 billionU.S. high-grade average daily trading volume of $4.8 billion and total trading volume of $100.1 billionU.S. high-yield average daily trading volume of $1.2 billion and total trading volume of $25.5 billionEmerging markets average daily trading volume of $2.4 billion and total trading volume of $51.2 billion 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 and direction of interest rates and the corresponding volatility in the corporate fixed-income market; the level and intensity of competition in the fixed-income electronic trading industry and the pricing pressures that may result; the variability of ...