NEW YORK, July 06, 2020 (GLOBE NEWSWIRE) — MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced monthly trading volume for June 2020 of $578.5 billion consisting of $266.5 billion in credit volume and $312.0 billion in rates volume.
Records for trading volume and fully electronic estimated market share were achieved in June 2020 for the following categories:
- U.S. high-grade total monthly trading volume of $143.6 billion
- U.S. high-yield average daily trading volume of $1.8 billion and total monthly trading volume of $39.8 billion
- U.S high-yield trading volume of $4.1 billion on June 30, 2020
- Fully electronic estimated U.S. high-grade market share of FINRA TRACE trading volume of 22.8%, compared to an estimated 19.2% in June 2019
- Fully electronic estimated U.S. high-yield market share of FINRA TRACE trading volume of 16.1%, compared to an estimated 11.4% in June 2019
The Company also reported preliminary variable transaction fees per million (“FPM”) for the quarter ended June 30, 2020 of $181 for…
