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Electronic trading platform for fixed-income securities MarketAxess (NASDAQ:MKTX) reported a 5% year-over-year rise in July trading average daily volume to $36.99B from $35.14B.
Total trading volume was up to $817.27B from $775.68B.
Credit trading volume rose 12% to $317.77B from $283.22B, while Rates trading volume increased 1% to $499.50B from $492.46B.
The 12% growth in Credit volume was driven by a 21% growth in the combined Emerging Markets and Eurobonds volume.
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