Business
MarketAxess Announces Monthly Volume Statistics for May 2021
NEW YORK, June 02, 2021 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income
About this update from Marketaxess Holdings, Inc.
[{"type":"text","content":"NEW YORK, June 02, 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 May 2021 of $478.7 billion consisting of $204.4 billion in credit volume and $274.3 billion in rates volume. Reported MarketAxess volume in all product categories includes only fully electronic trading volume. MarketAxess trading volumes, estimated TRACE reported volumes and Trax® processed volumes for May 2021 are available on the Company’s website at investor.marketaxess.com/volume.cfm. As of the date hereof, FINRA has not published the corporate and agencies capped volume report for May 2021. The Company expects to update the estimated TRACE reported volumes on its website following FINRA’s publication of the capped volume report for May 2021. 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. The Company’s actual results in future periods may differ materially from those currently expected or desired because of a number of risks and uncertainties, including: global economic, political and market factors; risks relating to the COVID-19 pandemic, including the possible effects of the economic conditions worldwide resulting from the COVID-19 pandemic; risks related to the U.K. exit from the European Union; the level of trading volume transacted on the MarketAxess platform; the rapidly evolving nature of the electronic financial services industry; the level and intensity of competition in the fixed-income electronic trading industry and the pricing pressures that may result; the variability of our growth rate; our ability to introduce new fee plans and our clients’ response; our ability to attract clients or adapt our technology and marketing strategy to new markets; risks related to our growing international operations; our dependence on our broker-dealer clients; the loss of any of our...