MarketAxess announces October volume statistics

Select October 2024 highlights: Record total average daily volume of $46.2B increased 40% compared to the prior year, and increased 2% compared to September 2024. These strong results were driven by total credit ADV of $15B, representing an increase of 19% compared to the prior year, and a decrease of 9% compared to September 2024. Record total rates ADV of $31.2B, which increased 54% compared to the prior year, and increased 9% compared to September 2024 levels, also contributed to the strong performance in October 2024. Record total trading volume of $1T on the platform increased 47% compared to the prior year, and increased 12% compared to September 2024.