** Shares of bond trading platform MarketAxess Holdings MKTX.O rise more than 2% in afternoon trading
** Co declares dividend for Q1 2025 of 76 cents per share, up 2 cents from the year-ago period
** Total credit average daily volumes $(ADV)$ — a measure of the average daily number of bond transactions on MarketAxess' platform — rise 6% from a year ago
** ADV for U.S. government bonds up 61%; emerging markets credit climb 18%
** Co, however, reports a drop in Q4 profit of 6.4% from the year-ago period, and misses revenue expectations
** Stock down 12.9% YTD, as of previous close, and dropped ~22% in 2024
(Reporting by Ateev Bhandari in Bengaluru)
((Ateev.Bhandari@thomsonreuters.com;))
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