MarketAxess: November trading more than doubled

AP News
|
Posted: Dec 04, 2009 5:17 PM

MarketAxess Holdings Inc., which operates an electric trading platform for corporate bonds, said Friday its monthly trading volume more than doubled in November.

The company reported total trading volume of $29.3 billion for the month. That included $17.7 billion in the U.S. volume, $6.3 billion in Eurobond volume, and $5.3 billion from the rest of the world. A year earlier, MarketAxess posted trading volume of $13.6 billion.

The year ago results were made up of $8.1 billion from the U.S., $2.6 billion from Europe, and $2.9 billion in other volume.