MarketAxess Announced Trading Volume And Preliminary Variable Transaction Fees Per Million For September 2024 And Q3, With Total Average Daily Volume Of $45.2B, Up 52.5% Yoy And 8.6% Compared To August 2024, In Q3 Total Average Daily Volume Was $40.5B, Up 38.4% Yoy And 18.6% Compared To 2Q24
Portfolio Pulse from Benzinga Newsdesk
MarketAxess reported a significant increase in trading volumes for September 2024 and Q3, with a 52.5% year-over-year rise in total average daily volume for September and a 38.4% increase for Q3.
October 03, 2024 | 10:45 am
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MarketAxess reported a 52.5% YoY increase in trading volume for September 2024 and a 38.4% increase for Q3, indicating strong growth in trading activity.
The significant year-over-year increase in trading volumes suggests strong operational performance and potential revenue growth for MarketAxess. This positive trend is likely to boost investor confidence and positively impact the stock price in the short term.
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