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Richard Schiffman on Treasury issuance

From MarketAxess CEO reports record monthly trading volume in March · · CNBCTelevision

“A lot of people will be saying 'there'll be record Treasury issuance' but the fact is, as good as Treasury trading is, that's not where the money is.”

Richard Schiffman
Richard Schiffman
Global Head of Trading Solutions, Marketaxess Holdings Inc
Controversial Policy Impact Treasury issuancerevenue driversmarket mix

On , Richard Schiffman, Global Head of Trading Solutions at Marketaxess Holdings Inc, spoke about Treasury issuance during MarketAxess CEO reports record monthly trading volume in March on CNBCTelevision.

MarketAxess CEO reports record monthly trading volume in March
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MarketAxess CEO reports record monthly trading volume in March
CNBCTelevision
Watch on YouTube
MarketAxess CEO Rick McVey gives insight into the electronic credit trading platform and what metric he will be keeping an eye on this year. » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-n... Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC https://www.cnbc.com/select/best-cred... #CNBC #CNBCTV
Richard Schiffman

About Richard Schiffman

Global Head of Trading Solutions · Marketaxess Holdings Inc

Richard Schiffman, Global Head of Trading Solutions at MarketAxess, has been associated with the company's recent performance commentary. In April 2021, MarketAxess CEO Rick McVey discussed the company's record monthly trading volume in March, noting that the company surpassed the previous year's levels despite difficult comparisons. McVey stated that the company had "a great quarter" and attributed the results to client support for the trading platform. He emphasized that MarketAxess's focus has been primarily on credit markets, including high grade, high yield, emerging markets, and municipal bonds, which he described as historically less liquid instruments)Skip

Profile compiled from Richard Schiffman's verified public interviews and appearances. See all quotes & transcripts →

More from this interview
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“That's exactly right Jim — we had a great quarter and all thanks to our clients for the tremendous support they have for our trading platform around the world.”
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“These are going to be tough comps for any companies like ours in the trading and exchange space, given the huge volumes that went through last spring.”
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“I came into March thinking that if we could get anywhere close to last year's levels it would be a big win, and we actually surpassed last March and set new records.”
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“We like the credit space — our focus has been primarily credit markets: high grade, high yield, emerging markets, municipal bonds and other credit instruments that historically are…”
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“We think we've been the fastest grower in the space for the past decade and feel really proud of our results to kick off the new year.”
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