07:14 AM EST, 03/06/2025 (MT Newswires) -- MarketAxess Holdings ( MKTX ) said Thursday its total average daily volume was $43.4 billion in February, up 27% from a year earlier and 11% higher than in January.

Total rates ADV reached $27.9 billion, rising 46% year-over-year and increasing 14% from January, the company said.

US high-grade credit ADV was $7.1 billion, down 8% from a year earlier but 2% higher than in January, the company said.

US high-yield credit ADV came at $1.4 billion, unchanged from the prior year but up 12% from January, MarketAxess ( MKTX ) said.