For MarketAxess, portfolio trading buoys flat revenue in Q3

The vendor is betting on new platforms like X-Pro and Adaptive Auto-X, which helped forge a record quarter for platform usage.

MarketAxess said in July that it would set its sights on proprietary data and automation to bring more clients to its platforms and offset losses caused by low volatility, and during its Q3 earnings call on October 25, the fixed-income trading giant reported record levels of volume and traders using its platforms.

“Our current franchise has never been stronger with a record number of over 2,000 active clients across 67 countries,” CEO Chris Concannon said during the call, though revenue was

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Waters Wrap: Inside the mind of the CTO

After having one-on-one conversations with eight different senior bank technologists, Anthony explains how these execs look at innovation strategy from a philosophical perspective.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here