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MarketAxess Reports Record Trading Week in U.S. Government Bonds, including $100+ Billion Record Day

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MarketAxess Holdings (Nasdaq: MKTX) achieved a significant milestone with an all-time single-day record of $102.3 billion in U.S. Government Bonds notional traded on April 9. The record trading volume was attributed to increased market volatility, driving strong market volumes and notable uptake in client and algorithmic trading.

The company's Head of Rates, Chris Good, highlighted growing client adoption of firm liquidity sources like Live Markets® during volatile market conditions. MarketAxess is expanding its offerings with Pragma technology and plans to introduce enhanced Request for Quote (RFQ) capabilities for U.S. Government Bonds, which will enable dealers to expand their reach through the MarketAxess client network.

MarketAxess Holdings (Nasdaq: MKTX) ha raggiunto un traguardo significativo con un record storico di 102,3 miliardi di dollari di obbligazioni del governo degli Stati Uniti scambiate in un solo giorno il 9 aprile. Il volume di scambi record è stato attribuito all'aumento della volatilità del mercato, che ha spinto forti volumi di mercato e un notevole aumento nel trading da parte di clienti e algoritmi.

Il responsabile dei tassi dell'azienda, Chris Good, ha evidenziato l'aumento dell'adozione da parte dei clienti di fonti di liquidità solide come Live Markets® durante le condizioni di mercato volatili. MarketAxess sta ampliando la sua offerta con la tecnologia Pragma e prevede di introdurre capacità avanzate di Richiesta di Preventivo (RFQ) per le obbligazioni del governo degli Stati Uniti, che consentiranno ai dealer di ampliare la loro portata attraverso la rete clienti di MarketAxess.

MarketAxess Holdings (Nasdaq: MKTX) alcanzó un hito significativo con un récord histórico de 102.3 mil millones de dólares en bonos del gobierno de EE.UU. negociados en un solo día el 9 de abril. El volumen de comercio récord se atribuyó a la creciente volatilidad del mercado, lo que impulsó fuertes volúmenes de mercado y un notable aumento en el comercio de clientes y algoritmos.

El jefe de tasas de la compañía, Chris Good, destacó la creciente adopción por parte de los clientes de fuentes de liquidez sólidas como Live Markets® durante las condiciones de mercado volátiles. MarketAxess está ampliando su oferta con la tecnología Pragma y planea introducir capacidades mejoradas de Solicitud de Cotización (RFQ) para bonos del gobierno de EE.UU., lo que permitirá a los dealers expandir su alcance a través de la red de clientes de MarketAxess.

MarketAxess Holdings (Nasdaq: MKTX)는 4월 9일에 미국 정부 채권 거래에서 하루 동안 1,023억 달러의 역사적인 거래량을 기록하며 중요한 이정표를 달성했습니다. 이 기록적인 거래량은 시장의 변동성이 증가함에 따라 강력한 시장 거래량과 고객 및 알고리즘 거래의 눈에 띄는 증가에 기인했습니다.

회사의 금리 책임자인 Chris Good는 변동성이 큰 시장 상황에서 Live Markets®와 같은 확고한 유동성 출처에 대한 고객의 채택이 증가하고 있음을 강조했습니다. MarketAxess는 Pragma 기술로 제공 범위를 확대하고 있으며, 미국 정부 채권을 위한 향상된 요청 견적(RFQ) 기능을 도입할 계획으로, 이를 통해 거래자들이 MarketAxess 고객 네트워크를 통해 그들의 범위를 확장할 수 있게 됩니다.

MarketAxess Holdings (Nasdaq: MKTX) a atteint un jalon significatif avec un record historique de 102,3 milliards de dollars d'obligations du gouvernement américain échangées en une seule journée le 9 avril. Ce volume de transactions record a été attribué à une volatilité accrue du marché, entraînant de forts volumes de marché et une adoption notable du trading par les clients et les algorithmes.

Le responsable des taux de l'entreprise, Chris Good, a souligné l'adoption croissante par les clients de sources de liquidité solides comme Live Markets® dans des conditions de marché volatiles. MarketAxess élargit son offre avec la technologie Pragma et prévoit d'introduire des capacités améliorées de Demande de Cotation (RFQ) pour les obligations du gouvernement américain, ce qui permettra aux dealers d'élargir leur portée grâce au réseau de clients de MarketAxess.

MarketAxess Holdings (Nasdaq: MKTX) hat einen bedeutenden Meilenstein erreicht, indem es am 9. April einen historischen Rekord von 102,3 Milliarden Dollar an nominalen US-Regierungsanleihen an einem einzigen Tag erzielt hat. Das Rekordhandelsvolumen wurde auf die erhöhte Marktvolatilität zurückgeführt, die starke Handelsvolumina und eine bemerkenswerte Zunahme des Handels durch Kunden und Algorithmen antrieb.

Der Leiter der Zinsen des Unternehmens, Chris Good, hob die wachsende Kundenakzeptanz von soliden Liquiditätsquellen wie Live Markets® während volatiler Marktbedingungen hervor. MarketAxess erweitert sein Angebot mit Pragma-Technologie und plant, verbesserte Anfrage für Angebote (RFQ)-Funktionen für US-Regierungsanleihen einzuführen, die es Händlern ermöglichen, ihre Reichweite über das Kundenetzwerk von MarketAxess auszudehnen.

Positive
  • Record single-day trading volume of $102.3B in U.S. Government Bonds
  • Increased client adoption of Live Markets® platform during volatility
  • Expansion of algorithmic trading capabilities with Pragma technology
Negative
  • None.

Record day driven by market volatility prompting strong market volumes and notable uptake of client and algo trading

NEW YORK--(BUSINESS WIRE)-- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that its Rates business reported an all-time single-day record of $102.3 billion U.S. Government Bonds notional traded on April 9.

“We’re thrilled to see this growth in our client business. We’re seeing clients increasingly seek out firm sources of liquidity like Live Markets® to weather periods of market volatility like we experienced last week,” said Chris Good, Head of Rates at MarketAxess. “We’re also excited to see increased adoption of our algos in times of volatility as we continue to innovate and expand our offering with the addition of Pragma technology.”

Following the launch of an expanded algo suite for Rates, MarketAxess also plans to introduce enhanced Request for Quote (RFQ) for U.S. Government Bonds allowing dealers expanded reach through the MarketAxess client network.

For more information on MarketAxess Rates, visit: https://www.marketaxess.com/trade/rates

About MarketAxess

MarketAxess (Nasdaq: MKTX) operates a leading electronic trading platform that delivers greater trading efficiency, a diversified pool of liquidity and significant cost savings to institutional investors and broker-dealers across the global fixed-income markets. Approximately 2,100 firms leverage MarketAxess’ patented technology to efficiently trade fixed-income securities. Our automated and algorithmic trading solutions, combined with our integrated and actionable data offerings, help our clients make faster, better-informed decisions on when and how to trade on our platform. MarketAxess’ award-winning Open Trading® marketplace is widely regarded as the preferred all-to-all trading solution in the global credit markets. Founded in 2000, MarketAxess connects a robust network of market participants through an advanced full trading lifecycle solution that includes automated trading solutions, intelligent data and index products and a range of post-trade services. Learn more at www.marketaxess.com and on X @MarketAxess.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 with respect to the planned launch of new products or protocols. These and other statements that relate to future results and events are based on MarketAxess’ current expectations. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release. Please refer to the periodic filings MarketAxess makes with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause events and results to differ materially from those contained in the forward-looking statements set forth in this press release. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. More information about these and other factors affecting MarketAxess’ business and prospects is contained in MarketAxess’ periodic filings with the Securities and Exchange Commission and can be accessed at www.marketaxess.com.

INVESTOR RELATIONS

Stephen Davidson

MarketAxess Holdings Inc.

+1 212 813 6313

sdavidson2@marketaxess.com

MEDIA RELATIONS

Marisha Mistry

MarketAxess Holdings Inc.

+1 917 267 1232

mmistry@marketaxess.com

Source: MarketAxess Holdings Inc.

FAQ

What trading record did MarketAxess (MKTX) achieve in U.S. Government Bonds?

MarketAxess achieved a single-day trading record of $102.3 billion in U.S. Government Bonds notional value on April 9.

How is MarketAxess (MKTX) enhancing its trading platform capabilities?

MarketAxess is expanding its algorithmic trading suite with Pragma technology and plans to introduce enhanced Request for Quote (RFQ) for U.S. Government Bonds.

What drove the record trading volume for MarketAxess (MKTX)?

The record trading volume was driven by market volatility, leading to strong market volumes and increased uptake of client and algorithmic trading.

How are MarketAxess (MKTX) clients responding to market volatility?

Clients are increasingly seeking firm sources of liquidity through Live Markets® to manage periods of market volatility.
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