19 January 2018
visit www.ebaday.com

MarketAxess reports $74.7 billion in third quarter trading volume

25 October 2004  |  486 views  |  0 Source: MarketAxess

MarketAxess Holdings Inc., the operator of a leading electronic trading platform for U.S. and European high-grade corporate and emerging markets bonds, today reported 2004 third quarter electronic trading volume of $74.7 billion, representing a 28.3% increase over the prior year period total of $58.2 billion and an 8.1% increase over 2004 second quarter volume of $69.1 billion.

In the 2004 third quarter, total U.S. high-grade corporate volume reached $44.9 billion, a 2.2% increase over 2003 third quarter volume of $43.9 billion and a 1.5% increase over 2004 second quarter volume of $44.2 billion.

European trading volume for the 2004 third quarter reached $18.4 billion, a 103.6% increase over the prior year period's volume of $9.1 billion and a 4.9% increase over 2004 second quarter volume of $17.6 billion.

"We are pleased with our third quarter results, especially in light of the soft volume trends within the corporate bond sector," commented Richard M. McVey, Chief Executive Officer of MarketAxess. "We also continue to build our product offering and client base."

For the nine-month period ending September 30, 2004, MarketAxess reported total trading volume of $218.8 billion, representing a 69.6% increase over the $129.0 billion of trading volume reported during the nine-month period ended September 30, 2003.

For the nine-month period ending September 30, 2004, total U.S. high-grade corporate volume reached $134.1 billion, a 39.3% increase over the $96.3 billion in trading volume reported during the nine-month period ended September 30, 2003.

European trading volume for the nine-month period ending September 30, 2004 reached $59.6 billion, a 206.2% increase over the $19.5 billion in trading volume reported during the nine-month period ended September 30, 2003.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comvisit www.thomsonreuters.infovisit www.niceactimize.com

Top topics

Most viewed Most shared
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
11311 views comments | 32 tweets | 38 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
10359 views comments | 17 tweets | 18 linkedin
Wells Fargo to close 900 branchesWells Fargo to close 900 branches
9965 views comments | 14 tweets | 16 linkedin
KFC introduces Bitcoin BucketKFC introduces Bitcoin Bucket
9428 views comments | 18 tweets | 16 linkedin
FinTech Scotland appoints new CEOFinTech Scotland appoints new CEO
8522 views comments | 8 tweets | 6 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job