MarketAxess reports January total ADV $38.9B, up 22% vs. last year

Select January 2025 highlights: Total average daily volume of $38.9B increased 22% compared to the prior year, and increased 22% compared to December 2024 levels. Total rates ADV of $24.5B increased 45% compared to the prior year, and increased 24% compared to December 2024. Total credit ADV of $14.5B was down 3% compared to the prior year, but increased 18% compared to December 2024.