Volume Statistics
To download a Microsoft Excel file of MarketAxess volume statistics for post-March 2013 volume reporting format here |
To download a Microsoft Excel file of MarketAxess volume statistics for pre-April 2013 volume reporting format here |
Monthly Volume (in millions) | |||||
|---|---|---|---|---|---|
U.S. high-grade (1) | Liquid Products (2)
| Other Credit
| Total | ||
Fixed-Rate | Floating-Rate | ||||
| Apr-13 | $34,283 | $1,854 | $5,352 | $15,110 | $56,599 |
| Mar-13 | 31,343 | 1,495 | 5,698 | 12,943 | 51,479 |
| Feb-13 | 31,628 | 1,573 | 5,354 | 13,546 | 52,101 |
| Jan-13 | 33,765 | 1,441 | 6,296 | 15,277 | 56,779 |
| Dec-12 | 25,730 | 989 | 6,018 | 11,146
| 43,883 |
| Nov-12 | 33,335 | 1,419 | 6,482 | 13,512
| 54,748 |
| Oct-12 | 30,146 | 1,091 | 5,893 | 13,317
| 50,447 |
| Sep-12 | 29,429 | 839 | 6,025 | 11,968
| 48,261 |
| Aug-12 | 26,846 | 816 | 7,227 | 9,530
| 44,419 |
| Jul-12 | 26,918 | 1,140 | 5,905 | 11,109
| 45,072 |
| Jun-12 | 31,670 | 1,022 | 7,866 | 11,635
| 52,193 |
| May-12 | 29,017 | 1,001 | 6,612 | 12,028
| 48,658 |
| Apr-12 | 26,999 | 961 | 5,722 | 10,244
| 43,926 |
| Mar-12 | 35,392 | 1,236 | 8,696
| 13,387
| 58,711 |
| Feb-12 | 29,934 | 1,029 | 7,599
| 11,425
| 49,987 |
| Jan-12 | 29,671 | 1,060 | 8,336 | 10,226
| 49,293 |
| Dec-11 | 24,263 | 798 | 8,974 | 6,966
| 41,001 |
| Nov-11 | 24,965 | 812 | 8,477 | 7,987
| 42,241 |
| Oct-11 | 23,953 | 668 | 8,135
| 9,204
| 41,960 |
| Sep-11 | 26,177 | 729 | 9,196
| 8,558
| 44,660 |
| Aug-11 | 29,381 | 956 | 7,628
| 9,109
| 47,074 |
| Jul-11 | 23,675 | 1,076 | 6,046 | 9,134
| 39,931 |
| Jun-11 | 27,918 | 965 | 7,332
| 9,826
| 46,041 |
| May-11 | 25,159 | 1,731 | 7,866
| 9,250
| 44,006 |
| Apr-11 | 24,000 | 1,129 | 7,715
| 10,071
| 42,915 |
| Mar-11 | 31,069 | 1,298 | 9,239
| 10,624
| 52,230 |
| Feb-11 | 25,450 | 697 | 5,533
| 9,337 | 41,017 |
| Jan-11 | 25,748 | 943 | 6,605 | 8,636
| 41,932 |
Average Daily Trading Volume by Month (in millions) | ||||||
|---|---|---|---|---|---|---|
U.S. high-grade (1) | Liquid Products (2) | Other Credit
| Total | Trading Days | ||
U.S. (3) | Europe (4) | |||||
Apr-13 | $1,643 | $243 | $692 | $2,578 | 22 | 21 |
Mar-13 | 1,642 | 285 | 647 | 2,574 | 20 | 20 |
Feb-13 | 1,747 | 280 | 708 | 2,735 | 19 | 20 |
Jan-13 | 1,676 | 299 | 720 | 2,695 | 21 | 22 |
Dec-12 | 1,336 | 301 | 562 | 2,199 | 20 | 19 |
Nov-12 | 1,738 | 323 | 662 | 2,723 | 20 | 22 |
Oct-12* | 1,562 | 293 | 651 | 2,506 | 20 | 23 |
Sep-12 | 1,593 | 316 | 624 | 2,533 | 19 | 20 |
Aug-12 | 1,203 | 315 | 417 | 1,935 | 23 | 22 |
Jul-12 | 1,336 | 281 | 525 | 2,142 | 21 | 22 |
Jun-12 | 1,557 | 376 | 565 | 2,498 | 21 | 19 |
May-12 | 1,364 | 301 | 547 | 2,212 | 22 | 22 |
Apr-12 | 1,398 | 287 | 518 | 2,203 | 20 | 19 |
Mar-12 | 1,665 | 395 | 609 | 2,669 | 22 | 22 |
Feb-12 | 1,548 | 378 | 564 | 2,490 | 20 | 21 |
Jan-12 | 1,537 | 415 | 505 | 2,457 | 20 | 21 |
Dec-11 | 1,193 | 429 | 335 | 1,957 | 21 | 20 |
Nov-11 | 1,289 | 420 | 390 | 2,099 | 20 | 22 |
Oct-11 | 1,231 | 405 | 455 | 2,091 | 20 | 21 |
Sep-11 | 1,281 | 437 | 403 | 2,121 | 21 | 22 |
Aug-11 | 1,319 | 332 | 400 | 2,051 | 23 | 22 |
Jul-11 | 1,238 | 302 | 450 | 1,990 | 20 | 21 |
Jun-11 | 1,313 | 333 | 447 | 2,093 | 22 | 22 |
May-11 | 1,280 | 376 | 447 | 2,103 | 21 | 20 |
Apr-11 | 1,256 | 389 | 521 | 2,166 | 20 | 18 |
Mar-11 | 1,407 | 402 | 462 | 2,271 | 23 | 23 |
Feb-11 | 1,376 | 290 | 482 | 2,148 | 19 | 20 |
Jan-11 | 1,335 | 330 | 432 | 2,097 | 20 | 20 |
Quarterly Volume (in millions) | |||||
|---|---|---|---|---|---|
U.S. high-grade (1) | Liquid Products (2)
| Other Credit
| Total | ||
Fixed-Rate | Floating-Rate | ||||
Q1 2013 | $96,736 | $4,509 | $17,348 | $41,766 | $160,359 |
Q4 2012 | 89,211 | 3,499 | 18,393 | 37,975 | 149,078 |
Q3 2012 | 83,193 | 2,795 | 19,157 | 32,607 | 137,752 |
Q2 2012 | 87,686 | 2,984 | 20,200 | 33,907 | 144,777 |
Q1 2012 | 94,997 | 3,325 | 24,631 | 35,038 | 157,991 |
Q4 2011 | 73,181 | 2,278 | 25,586 | 24,157 | 125,202 |
Q3 2011 | 79,233 | 2,761 | 22,870 | 26,801 | 131,665 |
Q2 2011 | 77,077 | 3,825 | 22,913 | 29,147 | 132,962 |
| Q1 2011 | 82,267 | 2,938 | 21,377 | 28,597 | 135,179 |
Average Daily Volume per Quarter (in millions) | ||||||
|---|---|---|---|---|---|---|
U.S. high-grade (1) | Liquid Products (2) | Other Credit
| Total | Trading Days | ||
U.S. (3) | Europe (4) | |||||
Q1 2013 | $1,687 | $289 | $692 | $2,668 | 60 | 62 |
Q4 2012 | 1,545 | 306 | 625 | 2,476 | 60 | 64 |
Q3 2012 | 1,365 | 304 | 516 | 2,185 | 63 | 64 |
Q2 2012 | 1,439 | 321 | 544 | 2,304 | 63 | 60 |
Q1 2012 | 1,586 | 396 | 560 | 2,542 | 62 | 64 |
Q4 2011 | 1,237 | 418 | 393 | 2,048 | 61 | 63 |
Q3 2011 | 1,281 | 357 | 417 | 2,055 | 64 | 65 |
Q2 2011 | 1,284 | 365 | 469 | 2,118 | 63 | 60 |
Q1 2011 | 1,374 | 344 | 459 | 2,177 | 62 | 63 |
Annual Volume (in millions) | |||||
|---|---|---|---|---|---|
U.S. high-grade (1) | Liquid Products (2)
| Other Credit | Total | ||
Fixed-Rate | Floating-Rate | ||||
| 2012 | $355,087 | $12,603 | $82,381 | $139,527 | $589,598 |
| 2011 | 311,758 | 11,802 | 92,746 | 108,702 | 525,008 |
Average Daily Trading Volume by Year (in millions) | ||||||
|---|---|---|---|---|---|---|
U.S. high-grade (1) | Liquid Products (2) | Other Credit
| Total | Trading Days | ||
U.S. (3) | Europe (4) | |||||
2012 | $1,483 | $332 | $561 | $2,376 | 248 | 252 |
2011 | 1,294 | 371 | 434 | 2,099 | 250 | 251 |
(1) Consistent with FINRA TRACE reporting standards, both sides of trades are included in the Company's reported volumes when the Company executes trades on a riskless principal basis between two counterparties.
(2) Effective January 2012, the Company no longer reports credit default swap trading volumes. Credit default swap volumes previously reported in "Liquid Products" trading volume have not been removed.
(3) The number of U.S. trading days is based on the Securities Industry and Financial Markets Association (SIFMA) holiday recommendation calendar.
(4) The number of U.K. trading days is based on the U.K. Bank Holiday Schedule.
* October 29, 2012 and October 30, 2012 were not included as trading days due to Hurricane Sandy.