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Intelalley
1w
413
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MarketAxess had Record ADV in Fourth Quarter
- MarketAxess, a leading electronic trading platform for fixed-income securities, announced that it delivered record total trading average daily volume (ADV) of $32bn in December 2024 and in 4Q24. The trading was driven by strong growth in most of its product areas including a 16% growth YoY in international products, 18% growth in emerging markets YoY, record ADV in municipal bonds YoY and record total rates ADV YoY.
- In December, U.S. high-grade ADV was $5.9bn and deceased by 9% compared to November 2024, while U.S. high-yield ADV was $1.2bn and decreased by 22% compared to November 2024. Total average daily volume of $32.0bn in December 2024 increased 19% compared to the prior year but decreased 29% compared to November 2024 levels. Total credit ADV of $12.3bn was in line with the prior year but decreased 14% compared to November 2024.
- Record municipal bond ADV comes up to $656m, estimated market ADV increased 26% compared to the prior year, and estimated market share was 6.8%, up from 6.3% in the prior year, and up slightly from 6.7% in November 2024. Estimated market share of US high-grade and US high-yield TRACE portfolio trading was 16.7% in December 2024, up from 13.6% in November 2024. Portfolio trading represented approximately 13% of US high-grade and US high-yield TRACE in December 2024.
- MarketAxess has stated that it is in the process of adding new enhancements in Q1 2025 that could improve its market share in the coming quarters. Among other things, it also said that it has gained traction with its block trading solution, which was launched in the fourth quarter in emerging markets and Eurobonds. Block trades in emerging markets on the platform increased 17% in 4Q24 compared to the prior year, with the average block trade size increasing to $13m.
- The decline in total credit FPM year-over-year was due to protocol and product mix, principally by the lower Open Trading share of US high-grade, an increase in portfolio trading activity, and lower levels of US high-yield activity. Markets Axess' preliminary FPM for total credit for December 2024 was approximately $148, down from $159 in the prior year but up from $146 in November 2024. The preliminary FPM for total rates for December 2024 was approximately $4.14, down from $4.61 in the prior year but up from $4.07 in November 2024.
- In 4Q24, the total ADV of $41.0bn increased 38% compared to the prior year and increased 1% compared to 3Q24 levels, driven by total rates ADV of $27.1bn, which increased 64% compared to the prior year, and increased 3% compared to 3Q24 levels. U.S. high-grade ADV of $6.5bn increased 4% compared to the prior year, but decreased 8% compared to 3Q24. U.S. high-yield ADV of $1.3bn decreased 19% compared to the prior year, but increased 5% compared to 3Q24.
- Emerging markets ADV of $3.5bn increased 18% compared to the prior year and increased 4% compared to 3Q24. Eurobonds ADV of $2.0bn increased 13% compared to the prior year and increased 6% compared to 3Q24. Record municipal bond ADV of $620m increased 15% compared to the prior year and increased 7% compared to 3Q24.
- MarketAxess achieved record average daily volume ($32bn) in December 2024 driven by strong growth across most product areas. The company has gained traction with X-Pro, its high touch strategy focused on portfolio trading and block trading. A record 77% of portfolio trades were executed over X-Pro in December 2024. In addition to this, the company is in the process of adding new enhancements in Q1 2025 to improve its market share.
- Portfolio trading ADV increased 48% YoY to a total of $1.0bn, while total portfolio trading ADV increased 57% compared to the prior year to a total of $1.1bn. The open trading trading share was at 35%, and AxessIQ achieved record ADV of $147m.
- During 4Q24, the total ADV of $41.0bn increased 38% compared to the prior year, and increased 1% compared to 3Q24 levels. The preliminary FPM for total credit for 4Q24 was approximately $150, down from $156 in the prior year, but up slightly from $149 in 3Q24.
- The company stated that the preliminary FPM for total rates for 4Q24 was approximately $4.30, down from $4.62 in the prior year, but up from $4.15 in 3Q24. U.S. high-grade ADV of $6.5bn increased 4% compared to the prior year, but decreased 8% compared to 3Q24. U.S. high-yield ADV of $1.3bn decreased 19% compared to the prior year, but increased 5% compared to 3Q24.
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TechBullion
1w
287
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Vignette-Go: Revolutionizing the World of Digital Vignettes for Modern Travelers
- Vignette-Go is revolutionizing how digital vignettes are purchased and managed.
- It offers convenience, time-saving, eco-friendly, and cost-effective solutions.
- Users can handle everything digitally, eliminating the need for physical stickers.
- Vignette-Go aligns with the move towards smart transportation and has the potential to influence road tax compliance worldwide.
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TechBullion
1w
206
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Dogecoin Price Prediction Analysts Reveal DOGE Potential in 2025, as Pepe Coin Targets 1000% Rally and Lightchain AI Presale Stage 10 Gains Traction
- Dogecoin (DOGE) remains a top contender for the next bull market, with experts hopeful for a bounce back based on past patterns and large buys indicating rising trust in the asset.
- Pepe Coin (PEPE) has achieved a 1000% rally driven by strong community support and listings on major platforms, but its long-term sustainability and practical use remain uncertain.
- Lightchain AI (LCAI) is gaining significant traction during its presale stage, raising nearly $8 million. It stands out for its real-world utility in industries like healthcare and finance, with a focus on scalability and interoperability.
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TechBullion
1w
274
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Bitcoin Could Hit $200,000: What Does This Means for Shiba Inu (SHIB) and Remittix (RTX)?
- Bitcoin's price has hit a new record of $108,000, with predictions of reaching $200,000.
- Remittix and Shiba Inu may see a 10x increase in value, particularly as meme coins gain popularity.
- Remittix is a global payment solution aiming to connect crypto payments with traditional finance, offering faster and cheaper transactions.
- The future looks promising for Bitcoin, Shiba Inu, and Remittix as the world embraces digital currencies.
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TechBullion
1w
219
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Don’t Miss This $0.0015 Gem Poised to Surpass Chainlink ROI in the Next Bull Run
- A little-known cryptocurrency priced at just $0.0015 has the potential to exceed Chainlink's returns.
- The cryptocurrency, known as DOGEN, is positioned for remarkable growth and is expected to surge 700% in the coming months.
- DOGEN offers a special airdrop and referral program, allowing users to earn rewards by recruiting new holders.
- DOGEN aims to build a community of market leaders, providing exclusive benefits and perks to its early adopters.
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TechBullion
1w
265
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Revolutionary Coins Predicted to Deliver 16,900% Gains and Redefine Bitcoin’s Legacy in 2025
- New digital currencies have been predicted to see massive value increases up to 16,900% gain by 2025 and could potentially challenge Bitcoin's position and offer unprecedented opportunities in the digital currency market.
- XYZ is the MVP of the XYZVerse ecosystem, where degens can score big off growing demand for meme coins and could be the next massive crypto championship.
- Solana is a rising star in the world of blockchain platforms and competes with big names like Ethereum and Cardano but stands out with its unique design choices.
- Sui is a new blockchain platform built to be safe, strong, and able to handle a lot of activity. What sets Sui apart is its focus on user experience, making it appealing for those looking for powerful and easy-to-navigate blockchain solutions.
- Dogecoin is one of the top ten cryptocurrencies by market cap in 2021 due to its simplicity and strong community support. Its technology is based on Litecoin, making transactions fast and low-cost.
- PEPE is a deflationary memecoin that aims to join the ranks of popular meme coins like Shiba Inu and Dogecoin. It doesn't offer groundbreaking technology, but its appeal is viral and community-driven.
- XYZVerse aims for 20,000% growth by uniting sports fans in a community-driven memecoin set to redefine the crypto scene and offers the chance to slam dunk rewards through the roof.
- Emerging digital currencies could transform the future of finance, and these new assets could revolutionize the cryptocurrency landscape.
- The first-mover advantage is key and getting in early on emerging digital currencies could provide potential for massive returns, as exemplified by coins like XYZ, SOL, SUI, DOGE, and PEPE.
- As the crypto market continues to evolve and new digital currencies emerge, it is wise to keep an eye on those with active communities and real-world usage.
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Pymnts
1w
77
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Sam Altman: OpenAI’s New Model Passes AGI Threshold
- OpenAI CEO Sam Altman discusses the concept of AGI and its significance.
- OpenAI plans to introduce a new AI model that passes the ARC-AGI challenge, a milestone towards achieving AGI.
- Altman emphasizes the need for U.S.-built infrastructure to support AI development.
- Altman reflects on his past ouster as head of the company and the challenges he faced.
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TechBullion
1w
8
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Analysts Predict Ethereum Price Could Rally to $5K This January, New Altcoin Set To Ride Along the Bullish Wave
- Ethereum (ETH) is predicted to rally to $5,000 in January as the cryptocurrency market enters a potential bull run.
- Lightchain AI, a promising altcoin, has raised over $8 million in its presale and aims to capitalize on the bullish market sentiment.
- Ethereum's expected approval of an Ether ETF and ongoing upgrades like Ethereum 2.0 contribute to the positive outlook.
- Lightchain AI stands out with its focus on real-world applications, energy-efficient solutions, and strong investor confidence.
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Global Fintech Series
1w
282
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Using GenAI to Reshape Financial Services
- Investments in Generative AI (GenAI) has exploded. According to researchers at CB Insights, funding for AI startups jumped 5X in 2023, going up from $4.3 billion across 257 deals to $21.8 billion across 426 deals compared to the previous year.
- Financial services will be a significant beneficiary of GenAI. According to McKinsey, GenAI could add the equivalent of $2.6 trillion to $4.4 trillion in value to the industry.
- The McKinsey report says banking has the potential to unlock new value of between $200 billion and $340 billion across all segments and functions of the industry.
- The banking and finance industry is in the top 10 segments for filing GenAI patents. These patents will result in new products and services, dramatically reshaping the industry.
- From a strategic perspective, GenAI is quickly moving toward center stage in the end-to-end transformation of financial services.
- The technology will enable users to automate tasks such as cheque processing and new product development. In the next 12 to 18 months, most of the industry will focus on three critical areas.
- The first step to driving revenue is personalization. Today’s GenAI models and tools can quickly provide customers with personalized messaging and offers driven through channels.
- GenAI can analyze thousands of industry reports, company filings, policy reports, social media streams, podcasts and customer interactions across channels.
- Large Language Models (LLMs) used in GenAI can make complex enterprise data accessible using natural language processing (NLP). This ensures executives have instant and easy access to information and insights from across the enterprise, along with recommendations and decision support.
- GenAI is increasingly being deployed in the regulatory and compliance landscape necessitated by the increasing regulatory headwinds.
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AllTopStartups
1w
143
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Efficient Financial Operations: Boosting Business Success
- Efficient financial operations are crucial for business success, allowing companies to control cash flow and allocate resources wisely.
- Strategies for streamlining financial processes include automation, detailed forecasting, and effective budgeting practices.
- Technology plays a vital role in efficient financial management, offering tools for automation and real-time reporting.
- Controlling costs and managing expenses through strategic evaluation and leveraging technology can lead to substantial savings.
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TechBullion
1w
126
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The Surprising 2025 Winner: How DTX Exchange Will Surpass XRP and Cardano (ADA) to Become 2025’s Leading Altcoin
- DTX Exchange (DTX) is predicted to surpass XRP and Cardano (ADA) to become the leading altcoin in 2025.
- DTX Exchange bridges the gap between centralized and decentralized finance, offering a unified solution.
- DTX raised $11 million during its presale and has the potential for a post-launch rally of up to 7,500%.
- DTX's hybrid platform and cutting-edge VulcanX blockchain make it a standout runner for exponential growth in the future of trading.
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Intelalley
1w
110
Image Credit: Intelalley
CFTC Approves Eurex Dividend Options
- Eurex, the leading European derivatives exchange, has received approval from the CFTC to offer dividend options directly to participants in the U.S.
- This allows market participants in the U.S. to efficiently manage their exposure in European equity markets.
- Eurex's dividend derivatives segment has been growing, with over 21 million dividend contracts traded in 2024 and a 14% year-on-year growth in dividend options volume.
- The launch of Mid-Curve Options on EURO STOXX 50 Index Dividend Futures has expanded the variety of strategies available for market participants to hedge dividend risk more precisely.
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TechBullion
1w
99
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This New Year, Maximize Market Opportunities with SolisMarkets’ 20% Deposit Bonus
- SolisMarkets is offering a 20% bonus on all deposits to help investors maximize market opportunities.
- 2025 is expected to be a dynamic period in financial markets, with shifts in traditional and cryptocurrency markets.
- The bonus allows investors to strengthen positions in high-potential cryptocurrencies or diversify into stable, long-term assets.
- SolisMarkets provides a seamless platform with real-time analytics and multi-asset trading options to help investors identify and seize opportunities.
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Pymnts
1w
1.9k
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90% of Banks Say Customers Would Benefit From Instant Payments
- Many financial institutions remain hesitant to adopt real-time payments due to concerns over legacy system upgrades, fraud risks, and customer demand.
- A PYMNTS Intelligence report explores these barriers and the importance of partnerships to drive wider adoption of real-time payment solutions.
- Cost and fraud concerns are major obstacles for banks in implementing real-time payment systems.
- Despite concerns, 90% of banks believe that customers would benefit from instant payments.
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TechBullion
1w
337
Image Credit: TechBullion
Cardano (ADA) Is Up Over 20% In The Last 7 Days. Let’s Explore Why
- Cardano's ADA price has surged over 20% in the last 7 days.
- Cardano founder expresses optimism about growth and potential integration of Bitcoin DeFi through BitcoinOs Network.
- New DeFi project Remittix (RTX) attracts investors with its blockchain-based crypto-to-fiat payment platform.
- Market watchers predict further rallies for Cardano, with price potentially replicating the 2021 bull season.
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