MarketAxess CEO Is Excited About Accelerated Growth of Bond Trading

The video discusses Market Access, a leading electronic bond trading platform, and its impact on Wall Street's fixed income trading. CEO Rick McVey highlights the platform's consistent growth, driven by trading automation and cost reduction. The focus is on credit markets, with predictions of increased electronic trading market share. The conversation covers transaction costs, transparency, and the influence of interest rates on trading volume. McVey outlines growth strategies and risks, emphasizing investment in trading automation and market expansion.

How has the average daily trading volume changed year over year according to the text?

What factors are driving the growth of electronic trading in fixed income markets?

What are the expectations for the future of electronic trading in fixed income markets?

What percentage of the overall market did high grade corporate bonds represent in the last quarter mentioned?

What is the significance of transaction costs in the context of fixed income trading?

How does the CEO view the impact of lower transaction costs on portfolio returns?

What challenges does the CEO face in sustaining growth for their company?