November Trading Volume Beats Previous Records, MSRB Data Shows
The Municipal Securities Rulemaking Board (MSRB) reported that trading volume reached another record in November 2022, with 1.29 million municipal bond trades recorded. November trades exceeded October’s previous record of 1.25 million trades and was more than double the volume in November 2021. Year to date, municipal bond trade count is up 63% compared to the same period in 2021, likely fueled by individual investor demand, as customer purchases and inter-dealer trades rose more than customer sales. As anticipated in a recent press release, November 2022 was the seventh month in the last eight months with more than 1 million trades [...]