MarketAxess Skyrockets to 121st Most Active Stock with $1.73B Volume Surge as Price Dips 0.77%
On September 19, 2025, MarketAxessMKTX-- recorded a trading volume of $1.73 billion, a 1,316.86% increase from the previous day, placing it 121st in terms of trading activity among stocks on the day. The stock closed down 0.77%.
The surge in trading volume for MarketAxess reflects heightened investor activity amid evolving market conditions. Despite the significant increase in liquidity, the stock’s modest decline suggests mixed sentiment among traders. The firm’s performance aligns with broader trends in fixed-income trading platforms, where volatility often mirrors macroeconomic uncertainty and shifts in institutional demand.
To conduct an accurate back-test, several practical considerations must be clarified. These include defining the stock universeUPC--, determining the methodology for forming the daily top-500-by-volume basket, specifying trade execution and holding conventions, and addressing weighting schemes and transaction costs. For instance, decisions must be made on whether the basket is dynamically rebalanced daily or remains static based on historical averages. Additionally, assumptions about entry/exit prices, holding periods, and cost structures will directly impact the back-test’s validity and replicability.
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