Business
MarketAxess Announces Monthly Volume Statistics for March 2021
Company Reports Record Monthly Trading Volume for Credit and Open Trading™ NEW YORK, April 05, 2021 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq:
About this update from Marketaxess Holdings, Inc.
[{"type":"text","content":"Company Reports Record Monthly Trading Volume for Credit and Open Trading™\nNEW YORK, April 05, 2021 (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 March 2021 of $689.6 billion consisting of $292.6 billion in credit volume and $397.0 billion in rates volume. A number of trading volume records were achieved in March 2021, including for the following categories: Total credit average daily trading volume of $12.7 billion and total credit trading volume of $292.6 billionOpen Trading total credit trading volume of $94.4 billionU.S. high-grade total trading volume of $145.7 billionU.S. high-yield average daily trading volume of $1.9 billion and total trading volume of $43.9 billionEmerging markets total trading volume of $64.2 billionEurobonds total trading volume of $36.5 billionMunicipal bonds total trading volume of $2.1 billion The Company also reported preliminary variable transaction fees per million (“FPM”) for the quarter ended March 31, 2021 of $180 for U.S. high-grade, $201 for other credit, $191 for total credit and $3.70 for rates. The FPM for the quarter ended March 31, 2021 are preliminary and may be revised in subsequent updates and public filings. The Company undertakes no obligation to update any fee information in future press releases. 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 generall...