Welcome to our dedicated page for MarketAxess Holdings news (Ticker: MKTX), a resource for investors and traders seeking the latest updates and insights on MarketAxess Holdings stock.
MarketAxess Holdings Inc. (MKTX) operates a leading electronic trading platform that enables fixed-income market participants to efficiently trade corporate bonds and other types of fixed-income instruments using MarketAxess' patented trading technology. Founded in 2000, MarketAxess connects over 1,300 institutional investor and broker-dealer firms worldwide, providing access to global liquidity in U.S. high-grade corporate bonds, emerging markets, high-yield bonds, leveraged loans, European bonds, U.S. agency bonds, municipal bonds, credit default swaps, and other fixed-income securities.
The company's 'all-to-all' market for corporate bonds, known as Open Trading™, allows investment managers, broker-dealers at investment banks, and other market participants to trade directly with one another electronically on an anonymous basis. This innovation promotes greater transparency and efficiency in the bond trading process.
In addition to its core trading platform, MarketAxess offers a range of trading-related products and services. These include market data to assist clients with trading decisions and connectivity solutions that facilitate straight-through processing (STP). The company's strategic acquisitions have further expanded its capabilities. For example, the acquisition of LiquidityEdge in 2019 and MuniBrokers in 2021 have allowed MarketAxess to aggressively expand into Treasury and municipal bond markets.
Furthermore, MarketAxess has strengthened its pre- and post-trade services through the acquisition of Regulatory Reporting Hub from Deutsche Börse Group in 2020. This expansion enhances their product offerings and positions the company as a comprehensive service provider in the fixed-income trading space.
MarketAxess continues to innovate and grow, solidifying its position as a key player in the electronic fixed-income trading market. As the company evolves, it remains committed to providing efficient, transparent, and reliable trading solutions to its global client base.
MarketAxess Holdings Inc. (Nasdaq: MKTX) announced that Rick McVey, Chairman and CEO, will speak at the 42nd Annual Raymond James Institutional Conference on March 1, 2021, at 9:10 a.m. EST. The presentation will be available for live streaming via a dedicated link.
MarketAxess is known for its electronic trading platform for fixed-income securities, providing significant liquidity and cost savings. It serves a global network of over 1,800 firms, including major asset managers and institutional broker-dealers.
MarketAxess Holdings Inc. (Nasdaq: MKTX) will be represented by President and COO Chris Concannon and CFO Tony DeLise at the Credit Suisse 22nd Annual Financial Services Forum on February 24, 2021, at 2:40 p.m. EST. Their presentation will be available via live internet broadcast. MarketAxess operates a leading electronic trading platform for fixed-income securities, providing market data and post-trade services globally. With over 1,800 firms in its network, it is recognized for its innovative trading solutions and enhanced liquidity opportunities.
MarketAxess Holdings Inc. (NASDAQ: MKTX) reported record financial results for the fourth quarter and full year 2020, highlighting a 32% revenue increase to $171.3 million and a 35% annual revenue rise to $689.1 million. Operating income surged by 51% in Q4 and 49% annually, leading to record diluted EPS of $1.91 and $7.85, respectively. The company announced a quarterly dividend increase to $0.66 per share. Open Trading credit volumes reached $218.1 billion in Q4 and $861.1 billion for the year, reflecting strong market share gains in U.S. high-grade and high-yield sectors.
MarketAxess Holdings (Nasdaq: MKTX) announced the appointment of Raj Paranandi as Chief Operating Officer for EMEA & APAC, effective March 1, 2021. Paranandi joins from UBS, where he led digital transformation. His experience will focus on operational oversight, technology development, and strategic initiatives for expanding international business. He will report to Christophe Roupie and work closely with Chris Concannon. This leadership change aims to bolster MarketAxess’s growth in fixed-income markets, leveraging his expertise in technology and operations.
MarketAxess Holdings is set to announce its 2020 fourth quarter and full year financial results on January 27, 2021, before market opening. Key executives, including CEO Richard M. McVey, will host a conference call at 10:00 a.m. EST to discuss the results and outlook. Interested parties can join the call by dialing 855-425-4206 (U.S.) or 484-756-4249 (international) or via a live audio Webcast on their website. A replay will be available for a week after the announcement. MarketAxess operates a key trading platform for fixed-income securities and caters to over 1,700 firms globally.
MarketAxess Holdings Inc. (Nasdaq: MKTX) reported a robust trading volume of $472.3 billion for December 2020, comprising $203.5 billion in credit volume and $268.7 billion in rates volume. The preliminary variable transaction fees per million (FPM) for the quarter ended December 31, 2020, were noted as $187 for U.S. high-grade, $202 for other credit, $195 for total credit, and $3.95 for rates. Please note that these FPM figures are preliminary and may be subject to revisions. Further details on trading volumes are available on MarketAxess's investor website.
MarketAxess Holdings Inc. (Nasdaq: MKTX) launched a centralized trading marketplace integrating rates trading with credit trading capabilities on its platform. This initiative enhances trading flexibility for clients and allows seamless access to liquidity for U.S. Treasuries. The first phase includes further developments like expanding trading protocols and product offerings, including European Government Bonds. Following its acquisition of LiquidityEdge, MarketAxess aims to deliver innovative solutions and high-quality pricing, benefiting a diverse client base in the fixed-income market.
MarketAxess Holdings Inc. (Nasdaq: MKTX) reported a robust monthly trading volume of $503.8 billion for November 2020. This volume is composed of $219.2 billion in credit trading and $284.7 billion in rates trading. The figures reflect the company's position as a leader in electronic trading for fixed-income securities, emphasizing fully electronic trading volumes. Investors can access detailed trading volume reports and related data on the company’s investor relations website.
MarketAxess Holdings has completed its acquisition of Regulatory Reporting Hub from Deutsche Börse Group, effective November 30, 2020. This strategic move aims to enhance MarketAxess's regulatory reporting capabilities across Europe, supporting a full front-to-back trade lifecycle service. The acquisition reflects the company’s commitment to improving its infrastructure and service offerings in the fixed-income market.
MarketAxess Holdings Inc. (Nasdaq: MKTX) announced that CFO Tony DeLise will present at the Nasdaq 43rd Virtual Investor Conference on December 1, 2020, at 12:00 p.m. EST. The presentation will be available for live streaming online. MarketAxess operates a top electronic trading platform for fixed-income securities, enhancing liquidity, execution quality, and cost efficiency for over 1,700 global firms. The company's innovative Open Trading™ marketplace serves as a key liquidity solution in credit markets, backed by extensive data analytics and trading technology.
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