TRACE

Tradeweb Reports First Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 25, 2024
Public Relations, Investor Relations, Internet, Marketing, Communications, Technology, Woman, Investment, European Central Bank, General counsel, PIN, ECB, News, Depreciation, Annual report, Money, CMOS, Service provider, Webcast, Growth, TRACE, Waters (magazine), IPO, Corporation, Acquisition, EPS, Ratio, Movement, ICD, Share repurchase, United States Treasury security, Refinitiv, Electronic, GAAP, Central bank, RFQ, ADV, Cryptocurrency

See "Non-GAAP Financial Measures" below and the attached schedules for additional information and reconciliations of such non-GAAP financial measures.

Key Points: 
  • See "Non-GAAP Financial Measures" below and the attached schedules for additional information and reconciliations of such non-GAAP financial measures.
  • Rates – Revenues of $214.1 million in the first quarter of 2024 increased 25.6% compared to prior year period (increased 25.3% on a constant currency basis).
  • Credit – Revenues of $115.8 million in the first quarter of 2024 increased 30.1% compared to prior year period (increased 29.8% on a constant currency basis).
  • Tradeweb Markets will hold a conference call to discuss first quarter 2024 results starting at 9:30 AM EDT today, April 25, 2024.

MarketAxess Announces Monthly Volume Statistics for March and First Quarter 2024

Retrieved on: 
Wednesday, April 3, 2024
Banking, Fintech, Professional Services, Finance, Cyberattack, Failure, MSRB, Climate change, Pi bond, MarketAxess, ESG, Data, TRACE, Security (finance), Statistics, FPM, European, ADV, Federal Reserve, Intellectual property, Calendar, Privacy, Treasury, Marketing, Municipality, Government, Emerging market

Reported MarketAxess volume in all product categories includes only fully electronic trading volume.

Key Points: 
  • Reported MarketAxess volume in all product categories includes only fully electronic trading volume.
  • MarketAxess trading volumes and TRACE reported volumes are available on the Company’s website at investor.marketaxess.com/volume .
  • Beginning with January 2024, the Company is no longer providing Emerging Markets or Eurobonds market ADV or estimated market share.
  • More information about these and other factors affecting MarketAxess’ business and prospects is contained in MarketAxess’ periodic filings with the Securities and Exchange Commission and can be accessed at www.marketaxess.com .

TRACE Publishes 14th Annual Global Enforcement Report on Anti-Bribery

Retrieved on: 
Tuesday, March 19, 2024
Exchange, Financial services, GER, TRACE, Security (finance), Justice, Extractivism

ANNAPOLIS, Md., March 19, 2024 /PRNewswire/ -- TRACE , a non-profit international business association dedicated to anti-bribery, compliance, and good governance, today published the 2023 Global Enforcement Report (GER) , which serves as a central source of anti-bribery enforcement data for compliance professionals.

Key Points: 
  • ANNAPOLIS, Md., March 19, 2024 /PRNewswire/ -- TRACE , a non-profit international business association dedicated to anti-bribery, compliance, and good governance, today published the 2023 Global Enforcement Report (GER) , which serves as a central source of anti-bribery enforcement data for compliance professionals.
  • The report, TRACE's 14th annual edition, summarizes 47 years of enforcement activity, in addition to providing an analysis of current data and trends.
  • The report summarizes 47 years of enforcement activity, in addition to providing an analysis of current data and trends.
  • Data from the GER is based primarily on the cases and investigations tracked in the TRACE Compendium , an online database of transnational corruption cases.

MarketAxess Announces Monthly Volume Statistics for February 2024

Retrieved on: 
Tuesday, March 5, 2024
Professional Services, Finance, ADV, Cyberattack, Failure, Emerging market, Marketing, Municipality, Calendar, MSRB, ESG, Government, Federal Reserve, Data, FPM, European, Climate change, Pi bond, MarketAxess, Intellectual property, Privacy, Security (finance), Treasury, Statistics, TRACE

3 Open Trading share of total credit trading volume is derived by taking total Open Trading volume across all credit products where Open Trading is offered and dividing by total credit trading volume across all credit products where Open Trading is offered.

Key Points: 
  • 3 Open Trading share of total credit trading volume is derived by taking total Open Trading volume across all credit products where Open Trading is offered and dividing by total credit trading volume across all credit products where Open Trading is offered.
  • Reported MarketAxess volume in all product categories includes only fully electronic trading volume.
  • Beginning with January 2024, the Company is no longer providing Emerging Markets or Eurobonds market ADV or estimated market share.
  • The Company is currently reviewing its methodology for calculating such statistics, which historically have been derived from MarketAxess TraX data, to ensure that the statistics presented provide a complete and accurate view of the market.

Tradeweb Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 6, 2024
Professional Services, Data Analytics, Technology, Software, Finance, Internet, Banking, Partnership, EPS, Movement, GAAP, TRACE, PIN, United States Treasury security, Intelligence, OTC, ETF, ADV, Money, Index, Depreciation, Ratio, Acquisition, APA, Refinitiv, Financial News, Webcast, RFQ, Woman, Share repurchase, Cryptocurrency

Credit – Revenues of $104.3 million in the fourth quarter of 2023 increased 25.0% compared to prior year period (increased 23.6% on a constant currency basis).

Key Points: 
  • Credit – Revenues of $104.3 million in the fourth quarter of 2023 increased 25.0% compared to prior year period (increased 23.6% on a constant currency basis).
  • Equities – Revenues of $26.1 million in the fourth quarter of 2023 increased 13.3% compared to prior year period (increased 10.7% on a constant currency basis).
  • Money Markets – Revenues of $16.6 million in the fourth quarter of 2023 increased 24.9% compared to prior year period (increased 23.8% on a constant currency basis).
  • Tradeweb Markets will hold a conference call to discuss fourth quarter and full year 2023 results starting at 9:30 AM EST today, February 6, 2024.

MarketAxess Announces Monthly Volume Statistics for January 2024

Retrieved on: 
Monday, February 5, 2024
Professional Services, Finance, Cyberattack, Municipality, Security (finance), COVID-19, FPM, ESG, Calendar, TRACE, European, Failure, Pi bond, Emerging market, Government, Climate change, MSRB, Statistics, Intellectual property, Marketing, Federal Reserve, ADV, Treasury, Privacy, MarketAxess, Data

2 For January 2024, the Company is highlighting the impact of single-dealer portfolio trading volume on U.S. high-grade trading volume and estimated market share, but will continue to exclude single-dealer portfolio trading activity from reported trading volume, estimated market share and the total credit FPM calculation.

Key Points: 
  • 2 For January 2024, the Company is highlighting the impact of single-dealer portfolio trading volume on U.S. high-grade trading volume and estimated market share, but will continue to exclude single-dealer portfolio trading activity from reported trading volume, estimated market share and the total credit FPM calculation.
  • 4 Open Trading share of total credit trading volume is derived by taking total Open Trading volume across all credit products where Open Trading is offered and dividing by total credit trading volume across all credit products where Open Trading is offered.
  • Reported MarketAxess volume in all product categories includes only fully electronic trading volume.
  • The Company is currently reviewing its methodology for calculating such statistics, which historically have been derived from MarketAxess TraX data, to ensure that the statistics presented provide a complete and accurate view of the market.

MarketAxess Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, January 31, 2024
Professional Services, Finance, Cyberattack, Table, Municipality, Security (finance), COVID-19, FPM, ESG, Calendar, GAAP, European, TRACE, Pi bond, Failure, FINRA, Government, Climate change, MSRB, Capital, Tax, Capital expenditure, Composite, Statistics, Intellectual property, Marketing, Investment, Federal Reserve, ETF, ADV, Treasury, Depreciation, Privacy, Webcast, Acquisition, ID, MarketAxess, Bank statement, Trax

Starting with the first quarter of 2023, our calculation of EBITDA has been revised to adjust for interest income in addition to interest expense.

Key Points: 
  • Starting with the first quarter of 2023, our calculation of EBITDA has been revised to adjust for interest income in addition to interest expense.
  • MarketAxess trading volumes, TRACE reported volumes and MarketAxess Post-Trade processed volumes are available on the Company’s website at investor.marketaxess.com/volume .
  • These and other statements that relate to future results and events are based on MarketAxess’ current expectations.
  • More information about these and other factors affecting MarketAxess’ business and prospects is contained in MarketAxess’ periodic filings with the Securities and Exchange Commission and can be accessed at www.marketaxess.com .

MarketAxess Announces Monthly Volume Statistics for December and Fourth Quarter 2023

Retrieved on: 
Thursday, January 4, 2024
Professional Services, Finance, MSRB, Marketing, Failure, ADV, Intellectual property, Municipality, TRACE, FINRA, Government, European, Cyberattack, FPM, ESG, Treasury, MarketAxess, Composite, Privacy, Calendar, COVID-19, Pi bond, Climate change, Federal Reserve, Trax, Security (finance)

Emerging markets estimated market ADV is derived by combining MarketAxess TraX emerging markets trading volume (currently estimated to represent approximately 60% of total emerging markets) and FINRA TRACE-reportable emerging markets trading volume, principally U.S. dollar denominated corporates.

Key Points: 
  • Emerging markets estimated market ADV is derived by combining MarketAxess TraX emerging markets trading volume (currently estimated to represent approximately 60% of total emerging markets) and FINRA TRACE-reportable emerging markets trading volume, principally U.S. dollar denominated corporates.
  • Reported MarketAxess volume in all product categories includes only fully electronic trading volume.
  • MarketAxess trading volumes, TRACE reported volumes and MarketAxess Post-Trade processed volumes are available on the Company’s website at investor.marketaxess.com/volume .
  • Beginning in January 2024, the new estimated market volume data will also be available on the Company’s website at investor.marketaxess.com/volume .

MarketAxess Announces Monthly Volume Statistics for November 2023

Retrieved on: 
Tuesday, December 5, 2023
Professional Services, Finance, Cyberattack, Climate change, Security (finance), Privacy, MarketAxess, Intellectual property, European, Internet Open Trading Protocol, TRACE, Calendar, Composite, Marketing, COVID-19, FPM, FINRA, ADV, Failure, Government, Trax, ESG, Eurobond

Emerging markets estimated market ADV is derived by combining MarketAxess TraX emerging markets trading volume (currently estimated to represent approximately 60% of the total emerging markets market beginning in September 2023, up from the earlier estimate of 55%) and FINRA TRACE-reportable emerging markets trading volume, principally U.S. dollar denominated corporates.

Key Points: 
  • Emerging markets estimated market ADV is derived by combining MarketAxess TraX emerging markets trading volume (currently estimated to represent approximately 60% of the total emerging markets market beginning in September 2023, up from the earlier estimate of 55%) and FINRA TRACE-reportable emerging markets trading volume, principally U.S. dollar denominated corporates.
  • Reported MarketAxess volume in all product categories includes only fully electronic trading volume.
  • MarketAxess trading volumes, TRACE reported volumes and MarketAxess Post-Trade processed volumes are available on the Company’s website at investor.marketaxess.com/volume .
  • More information about these and other factors affecting MarketAxess’ business and prospects is contained in MarketAxess’ periodic filings with the Securities and Exchange Commission and can be accessed at www.marketaxess.com .

TRACE International Wins Gold in Brandon Hall Group Awards for Excellence in Learning Management Technology for Compliance Training

Retrieved on: 
Wednesday, December 13, 2023
Human resources, Human resource management, Acquisition, Senior, Organization, Success Story, Taiwan Excellence Awards, Best, Gold, HCM, Compliance training, Acqui-hiring, TRACE, Conference, Development, HR, Educational technology, LMS, Training, Vaccine, Management, Learning, Silver

TRACE applied jointly with Docebo under the application TRACE & Docebo: A Success Story of the Application of Learning Management Technology in Compliance Training which demonstrated the efficiencies and cost savings of a life cycle compliance training program deployed through a learning management system.

Key Points: 
  • TRACE applied jointly with Docebo under the application TRACE & Docebo: A Success Story of the Application of Learning Management Technology in Compliance Training which demonstrated the efficiencies and cost savings of a life cycle compliance training program deployed through a learning management system.
  • The 2023 Brandon Hall Group Excellence in Awards™ are given for work in Learning and Development, Talent Management, Talent Acquisition, Human Resources, Sales Enablement, Future of Work, and Education Technology.
  • Sunny McCall, Senior Director II, Compliance Training for TRACE, said, "The TRACE Learning Management System (LMS) allows TRACE members to facilitate compliance training content on a mass scale with incredible cost savings.
  • Earlier this year TRACE received two Brandon Hall Awards in the Human Capital Management (HCM) Excellence Awards in Learning and Development, winning Gold in the Best Advance in Compliance Training category and Silver in the Best Learning Team category.