Updates for my Portfolio for February 2024
My side project has not been progressing for the past few months due to the renovation, still cleaning up. On my career, there's nothing about promotion so I guess I will be moving on. Sell META at 462.37
Reasons/NotesI sold half my position to take some money off the table, making about a 78% gain on my purchased price.
I am thinking when should I cut the remaining half or should I keep it.
Reasons/NotesI sold half my position to take some money off the table, making about a 78% gain on my purchased price.
I am thinking when should I cut the remaining half or should I keep it.
Buy MKTX at 214.46 (loss)
Reasons/NotesI decided to take a 46% loss on this position.
Tradeweb, a competitor, was growing at double the pace or higher compared to MarketAxess in 2023. MarketAxess product range market share has slightly fallen across the board. What's more, Tradeweb’s US high grade credit ADV was $7.2B, which charges a higher fee, overtook MarketAxess of $6.2B. MarketAxess has eroding competitive advantage despite trying
...Reasons/NotesI decided to take a 46% loss on this position.
Tradeweb, a competitor, was growing at double the pace or higher compared to MarketAxess in 2023. MarketAxess product range market share has slightly fallen across the board. What's more, Tradeweb’s US high grade credit ADV was $7.2B, which charges a higher fee, overtook MarketAxess of $6.2B. MarketAxess has eroding competitive advantage despite trying
