MarketAxess Says October Total Credit Average Daily Trading Volume Of $12.7B Is Up 1.8% YoY On Improvement In U.S. High-Yield ADV And Estimated Market Share Compared to September
Portfolio Pulse from Benzinga Newsdesk
MarketAxess has reported an increase in its total credit average daily trading volume of $12.7B in October, up 1.8% YoY. This improvement is attributed to an increase in U.S. high-yield ADV and estimated market share compared to September.
November 03, 2023 | 10:44 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
MarketAxess' total credit average daily trading volume has increased by 1.8% YoY in October to $12.7B, indicating a positive performance.
The increase in MarketAxess' total credit average daily trading volume indicates a positive performance and could potentially attract more investors, leading to a potential increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100