Paulyn Ng asked 8 months ago
Hi,
what’s your view if recent Marketaxess and Veeva price drop? I tried to find more information especially where the impact come from but didn’t find much. I’m wondering if the businesses is disrupted by AI.
1 Answers
Victor Chng Staff answered 8 months ago
Hi Paulyn,
Their business is not disrupted by AI. The drop in MKTX was due to their July report on bond sales, where there was a shift back to traditional trading, which I don’t think poses a real threat. As for Veeva, the decline was due to overall market movement; there has been no company-specific news.
Their business is not disrupted by AI. The drop in MKTX was due to their July report on bond sales, where there was a shift back to traditional trading, which I don’t think poses a real threat. As for Veeva, the decline was due to overall market movement; there has been no company-specific news.
Paulyn Ng
replied 8 months ago Thanks for sharing your view, Victor!
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