Marketaxess Announced Monthly Trading Volume And Preliminary Variable Transaction Fees Per Million For January 2024, With Total Credit Trading Adv Of $15B Driven By U.S. High-grade ADV Of $7.5B And Emerging Markets ADV Of $3.7B
Portfolio Pulse from Benzinga Newsdesk
Marketaxess reported its monthly trading volume and preliminary variable transaction fees per million for January 2024, highlighting a total credit trading average daily volume (ADV) of $15 billion. This was primarily fueled by a U.S. high-grade ADV of $7.5 billion and an emerging markets ADV of $3.7 billion.
February 05, 2024 | 11:47 am
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Marketaxess's January 2024 trading volume report shows significant activity, with a total credit trading ADV of $15 billion, led by U.S. high-grade and emerging markets.
The reported trading volumes for January 2024 indicate a strong performance in Marketaxess's core areas of U.S. high-grade and emerging markets trading. This could signal robust revenue generation from transaction fees, likely leading to a positive short-term impact on MKTX's stock price.
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