Market Updates
MarketAxess Sank 10% After Monthly Volume Data Release
Scott Peters
05 Apr, 2022
New York City
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MarketAxess Holdings dropped 9% after the fixed income trading platform reported its total credit monthly average daily volume fell 3% from a year ago. The combined daily U.S. high grade and high yield volume fell 6% but total credit trading volume in the month increased to $894.6 billion, second best monthly record.
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