MarketAxess Announces Monthly Volume Statistics for June 2012
NEW YORK--(BUSINESS WIRE)--Jul. 3, 2012--
MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading
electronic trading platform for U.S. and European high-grade corporate
bonds, emerging markets bonds and other types of fixed-income
securities, today announced total monthly trading volume for
June 2012
of
$52.2 billion, consisting of
$32.7 billion in U.S. high-grade volume,
$2.5 billion in eurobond volume, and
$17.0 billion in other volume. This
data can be accessed on MarketAxess’ website at
www.marketaxess.com.
Monthly volume updates are posted in the Investor Relations section of
the website on or before the tenth business day of each month. The data
provide current month and historical volume totals on a monthly,
quarterly and annual basis.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements, including
statements about the outlook and prospects for Company and industry
growth, as well as statements about the Company’s future financial and
operating performance. These and other statements that relate to future
results and events are based on MarketAxess’ current expectations.
Actual results in future periods may differ materially from the those
currently expected or desired because of a number of risks and
uncertainties, including: the level and intensity of competition in the
fixed-income electronic trading industry and the pricing pressures that
may result; the variability of our growth rate; the rapidly evolving
nature of the electronic financial services industry; the level of
trading volume transacted on the MarketAxess platform; the absolute
level and direction of interest rates and the corresponding volatility
in the corporate fixed-income market; our ability to develop new
products and offerings and the market’s acceptance of those products;
our exposure to risks resulting from non-performance by counterparties
to transactions executed between our clients in which we act as an
intermediary in matching back-to-back trades; our dependence on our
broker-dealer clients; our ability to enter into strategic alliances and
to acquire other businesses and successfully integrate them with our
business; our future capital needs and our ability to obtain capital
when needed; and other factors. The Company’s actual results and
financial condition may differ, perhaps materially, from the anticipated
results and financial condition in any such forward-looking statements.
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.
About MarketAxess
MarketAxess operates a leading electronic trading platform that enables
investment industry professionals to efficiently trade corporate bonds
and other types of fixed-income instruments. MarketAxess’ patented
trading technology allows institutional investor clients to request
competitive, executable bids or offers from multiple broker-dealers
simultaneously, and to execute trades with the broker-dealer of their
choice. Over 900 institutional investors are active users of the
MarketAxess trading platform, accessing the global liquidity provided by
MarketAxess’ 87 broker-dealer clients in U.S. high-grade corporate
bonds, European bonds, high yield and emerging markets bonds, agency
bonds, asset-backed and preferred securities and credit default swaps.
MarketAxess also offers a number of trading-related products and
services, including: market data to assist clients with trading
decisions; connectivity solutions that facilitate straight-through
processing; technology services to optimize trading environments; and
execution services for exchange-traded fund managers and other clients.
MarketAxess maintains its headquarters in New York and has offices in
London, Chicago, Salt Lake City, Hong Kong, Singapore and São Paulo. For
more information, please visit www.marketaxess.com.
Source: MarketAxess Holdings Inc.
Investor Relations:
MarketAxess Holdings Inc.
Tony
DeLise, +1-212-813-6017
or
Media Relations:
MarketAxess
Holdings Inc.
Florencia Panizza, +1-212-813-6029
or
William
McBride & Associates
William McBride, +1-917-239-6726