financetom
Business
financetom
/
Business
/
MarketAxess Average Daily Volume Rises in November vs Year Ago
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
MarketAxess Average Daily Volume Rises in November vs Year Ago
Dec 4, 2024 6:12 AM

08:37 AM EST, 12/04/2024 (MT Newswires) -- MarketAxess Holdings ( MKTX ) said Wednesday its total average daily volume came in at $44.95 billion in November, up 56% from a year earlier but down 3% compared to October.

Total rates ADV was $30.7 billion in November, up 112% from a year ago, but down 2% compared to October, the company said.

High-grade credit ADV was $6.53 billion in November, compared with $6.52 billion a year earlier, while high-yield credit ADV was $1.31 billion last month, compared to $1.91 billion a year ago, the company said.

MarketAxess ( MKTX ) shares fell more than 3% in recent premarket activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
ISS' Guerra to leave proxy advisory firm and join Strategic Governance Advisors
ISS' Guerra to leave proxy advisory firm and join Strategic Governance Advisors
Jan 21, 2025
NEW YORK (Reuters) - Cristiano Guerra, who has been instrumental in determining the outcome of some of the America's most hotly contested board battles as head of special situations research at Institutional Shareholder Services, is leaving the proxy advisory firm, sources familiar with the move told Reuters. Guerra will join Strategic Governance Advisors, a unit of strategic advisory and communications...
Mercury Systems Says it was Awarded a $24.5 Million Data Processing US Defense Department Satellite Program Contract
Mercury Systems Says it was Awarded a $24.5 Million Data Processing US Defense Department Satellite Program Contract
Jan 21, 2025
09:58 AM EST, 01/21/2025 (MT Newswires) -- Mercury Systems ( MRCY ) said Tuesday it has been awarded a $24.5 million contract with a space systems contractor to develop a data processing and storage subsystem for a satellite program of the US Defense Department. The company said it will deliver a number of subsystems under the contract using its products...
Charles Schwab Delivers Strong Q4: Higher Trading Volumes And New Assets Drive Growth
Charles Schwab Delivers Strong Q4: Higher Trading Volumes And New Assets Drive Growth
Jan 21, 2025
The Charles Schwab Corporation ( SCHW ) shares are trading higher after the company reported fourth-quarter results. Revenue rose 20% year over year to $5.33 billion, beating the consensus of $5.19 billion. Net interest revenue rose 19% Y/Y to $2.531 billion in the fourth quarter. Clients’ daily average trades totaled 6.312 million, up 22% Y/Y. Asset management and administration fees rose 22% Y/Y to $1.51 billion, and trading revenue...
Rekor Systems, SoundHound AI Collaborate on Emergency Vehicle Technology
Rekor Systems, SoundHound AI Collaborate on Emergency Vehicle Technology
Jan 21, 2025
09:59 AM EST, 01/21/2025 (MT Newswires) -- Rekor Systems ( REKR ) said Tuesday it will combine its vehicle recognition software with SoundHound AI's ( SOUN ) voice and conversational artificial intelligence to enhance emergency vehicle technology. Rekor ( REKR ) said its collaboration with SoundHound will deliver hands-free functionality for automatic license plate recognition and other critical vehicle systems...
Copyright 2023-2026 - www.financetom.com All Rights Reserved