US-listed MarketAxess Holdings (Nasdaq:MKTX) has printed its demand metrics for December 2022, reporting a complete common each day quantity (ADV) of $27.19 billion. That determine has elevated by 11% 12 months-over-12 months (YoY).
MarketAxess reported document development in composite company bond market share, which is up 140 foundation factors to 22.8%. The US high-yield ADV grew by 26% and reached $5.1 billion with an estimated market share of 23.4%. As well as, the US high-yield ADV achieved a document market share, rising 310 foundation factors to 21.4%.
This autumn 2022 with Greater Volumes
Knowledge for the complete fourth quarter of 2022 reveals complete ADV rising by 4% to $30.4 trillion. It was potential as a result of appreciation of complete credit score ADV from $9.7 trillion to $12.0 trillion (24% YoY). Whole charges common each day quantity scored a modest 5% decline YoY, reaching $18.4 trillion.
Moreover, the corporate reported a document improve in composite company bond estimated market share, which rose to twenty.9% in This autumn 2022 from the 18.8% reported in the identical interval a 12 months earlier. The US high-grade ADV elevated by 22% to $5.5 billion with an estimated market share of 21.1%, whereas the US high-yield market share reached a document stage of 20.5%, rising from final 12 months’s 15.5%.
“The robust share positive aspects we delivered this 12 months replicate the growing power of our franchise, pushed by the investments we’ve got made to increase our product and geographic basis. We imagine that these robust outcomes and the favorable backdrop for fastened revenue markets in 2023 create a really engaging working atmosphere for our mannequin within the new 12 months,” Concannon added.
In October
2021, MarketAxess introduced the enlargement of its workers and appointed Kathryn Sweeney as
Head of Index and ETF Options.
US-listed MarketAxess Holdings (Nasdaq:MKTX) has printed its demand metrics for December 2022, reporting a complete common each day quantity (ADV) of $27.19 billion. That determine has elevated by 11% 12 months-over-12 months (YoY).
MarketAxess reported document development in composite company bond market share, which is up 140 foundation factors to 22.8%. The US high-yield ADV grew by 26% and reached $5.1 billion with an estimated market share of 23.4%. As well as, the US high-yield ADV achieved a document market share, rising 310 foundation factors to 21.4%.
This autumn 2022 with Greater Volumes
Knowledge for the complete fourth quarter of 2022 reveals complete ADV rising by 4% to $30.4 trillion. It was potential as a result of appreciation of complete credit score ADV from $9.7 trillion to $12.0 trillion (24% YoY). Whole charges common each day quantity scored a modest 5% decline YoY, reaching $18.4 trillion.
Moreover, the corporate reported a document improve in composite company bond estimated market share, which rose to twenty.9% in This autumn 2022 from the 18.8% reported in the identical interval a 12 months earlier. The US high-grade ADV elevated by 22% to $5.5 billion with an estimated market share of 21.1%, whereas the US high-yield market share reached a document stage of 20.5%, rising from final 12 months’s 15.5%.
“The robust share positive aspects we delivered this 12 months replicate the growing power of our franchise, pushed by the investments we’ve got made to increase our product and geographic basis. We imagine that these robust outcomes and the favorable backdrop for fastened revenue markets in 2023 create a really engaging working atmosphere for our mannequin within the new 12 months,” Concannon added.
In October
2021, MarketAxess introduced the enlargement of its workers and appointed Kathryn Sweeney as
Head of Index and ETF Options.
