MarketAxess stories March complete credit score quantity of $296.3B (NASDAQ:MKTX)


Rising markets ADV was $2.7 billion in March, down 16%.

The corporate noticed a 14% improve in U.S. high-yield ADV to $1.8 billion in March with estimated market share of 18.9% (+380 bps), up from 15.1%.

For Q1, complete credit score ADV was $13.7 billion, up 14%, with complete commerce rely up 26%.

U.S. high-grade Open Buying and selling penetration of 34% (+350 bps) on a 15% improve in U.S. high-grade ADV to $6.3 billion for Q1.

Q1 noticed a 22% improve in U.S. high-yield ADV at $2.0 billion, with estimated market share of 18.3% (+310 bps), up from 15.2%.

Rising markets ADV was $3.1 billion, up 1% in Q1.