Business
MarketAxess Announces Monthly Volume Statistics for November 2021
NEW YORK, Dec. 06, 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, Dec. 06, 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 November 2021 of $653.4 billion consisting of $212.4 billion in credit volume and $440.9 billion in rates volume. November highlights included: Wider credit spreads and higher volatility in the second half of November led to increased trading activity on the platform; estimated U.S. high grade market share of 20.9%, up from 19.6% in October.Record monthly portfolio trading volume in November; quarter-to-date portfolio trading reached $10.3 billion, exceeding the full third quarter of $8.9 billion.U.S. Treasury bond volume of $432.7 billion, up 55% year-over-year; further adoption of the all-to-all Click-to-Trade protocol drove record investor client volume.Emerging markets trading volume up 14% year-over-year in November; November 2021 year-to-date EM trading volume already 7% higher than full year 2020.Estimated Eurobond market share of 13.3% up from 12.3% in October 2021 and 10.3% in November 2020; November 2021 year-to-date Eurobond trading volume already 6% higher than full year 2020.MarketAxess municipal bond volume grew 86% year-over-year to $2.2 billion; MuniBrokers platform volume of $6.5 billion. Reported MarketAxess volume in all product categories includes only fully electronic trading volume. MarketAxess trading volumes, TRACE reported volumes and MarketAxess Post-Trade 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. 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...