MarketAxess Holdings reported a record Q1 2024 credit ADV of $15.0bn, driven by U.S. high-grade, emerging markets, and Eurobonds, while U.S.
MarketAxess Holdings (MKTX) reported a record total credit average daily trading volume (ADV) of $15.0bn for Q1 2024, driven by increases in U.S. high-grade, emerging markets, and Eurobonds ADV. This offset lower levels of U.S. high-yield trading activity due to credit spread volatility. The roll-out of the MarketAxess X-Pro platform continues, with 12.5% of U.S. credit trading volume executed on it in Q1.
April 03, 2024
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