MarketAxess Announces Monthly Volume Statistics for April 2022
NEW YORK, May 04, 2022 (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 April 2022. Rick McVey, Chairman of the Board and CEO of MarketAxess commented: "We registered strong growth in average daily trading volume in April in Credit and Rates, driven by broad-based market share gains across product areas. The market environment continues to improve for Open Trading®, our all-to-all trading network, leading to increased transaction cost savings for our clients. We are encouraged by the growing momentum we see in new product areas like U.S. Treasuries and Municipal bonds, as well as additional trading protocols, including Portfolio Trading and Live Markets™." Select April 2022 highlights* $38.1 billion in total trading average daily volume ("ADV"), up 56% , consisting of credit ADV of $12.2 billion, up 14% , and rates ADV of $25.9 billion, up 90% .
MarketAxess Announces Monthly Volume Statistics for April 2022
NEW YORK, May 04, 2022 (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 April 2022. Rick McVey, Chairman of the Board and CEO of MarketAxess commented: "We registered strong growth in average daily trading volume in April in Credit and Rates, driven by broad-based market share gains across product areas. The market environment continues to improve for Open Trading®, our all-to-all trading network, leading to increased transaction cost savings for our clients. We are encouraged by the growing momentum we see in new product areas like U.S. Treasuries and Municipal bonds, as well as additional trading protocols, including Portfolio Trading and Live Markets™." Select April 2022 highlights* $38.1 billion in total trading average daily volume ("ADV"), up 56% , consisting of credit ADV of $12.2 billion, up 14% , and rates ADV of $25.9 billion, up 90% .