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MarketAxess Aug. trading volume rises 71 percent

Wed Sep 9, 2009 12:01 PM EDT
business, us, volume, monthly, marketaxess, marketaxess-holdings
Associated Press
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NEW YORK — MarketAxess Holdings Inc., which operates an electric trading platform for corporate bonds, said Tuesday its trading volume jumped 71 percent in August as markets regained some stability over the last year.

Trading volume rose to $24.3 billion from $14.2 billion in August last year.

Total U.S. high-grade volume rose to $15.4 billion from $8.6 billion. The company reported $3.9 billion in eurobond volume, while other trading volume rose to $5 billion from $3.6 billion.

© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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