💨 Abstract

MarketAxess Holdings, a bond trading platform, reported a 6% decline in Q4 profit due to an unrealized loss on U.S. Treasury investments. Higher commissions from increased trading volumes, driven by investors optimizing portfolios, were offset by this loss. Total credit average daily volumes rose 6% to $13.88 billion. Q4 revenue increased 3% to $202.4

Courtesy: theprint.in

Summarized by Einstein Beta 🤖