Welcome to our dedicated page for Marketaxess Hldgs news (Ticker: MKTX), a resource for investors and traders seeking the latest updates and insights on Marketaxess Hldgs stock.
MarketAxess Holdings Inc. (Nasdaq: MKTX) is the operator of an electronic trading platform for fixed-income securities, and its news flow centers on trading activity, product developments and financial performance. Company updates frequently highlight trading volume statistics, variable transaction fees per million ("FPM") and average daily volume ("ADV") across credit and rates products, giving investors and market participants insight into platform usage and market share trends.
News releases from MarketAxess often cover monthly and quarterly trading volume statistics for U.S. high-grade and high-yield corporate bonds, emerging markets debt, eurobonds, municipal bonds and U.S. government and other government bonds. These updates include details on client-initiated, portfolio trading and dealer-initiated channels, as well as metrics for protocols such as block trading, Mid-X and portfolio trading. The company also reports estimated market share based on external trade reporting sources.
In addition to volume and market share data, MarketAxess issues news about quarterly financial results, services revenue, non-GAAP metrics such as EBITDA and free cash flow, and capital allocation decisions including dividends and share repurchase authorizations. The company has also announced medium-term financial targets and the use of accelerated stock repurchase agreements.
Product and platform news includes announcements such as the launch of Opening and Closing Auctions for U.S. credit on the X-Pro Trading platform and enhancements to workflow tools like Targeted RFQ. Investors following MKTX news can track how these initiatives relate to trading activity in strategic channels and regions, including emerging markets. This news page allows readers to review a chronological record of MarketAxess press releases and related coverage.
MarketAxess Holdings (Nasdaq: MKTX) has appointed Dean Berry as Group Chief Operating Officer and CEO of EMEA & APAC. Berry will oversee MarketAxess Global Operations, Risk, Product and Technology, while also leading the EMEA and APAC businesses. He joins from LSEG, where he served as Group Head of Workflows businesses and interim co-Head of Data & Analytics. Berry brings extensive experience as a fixed-income trader with previous roles at Deutsche Bank, Dresdner Kleinwort Wasserstein, and Société Générale, along with international experience from positions in Singapore, Tokyo, Copenhagen, Frankfurt, and London. He is expected to join MarketAxess in Q4 2025, based in London, reporting to CEO Chris Concannon.
MarketAxess Holdings (Nasdaq: MKTX) has completed the acquisition of a 90% controlling stake in RFQ-hub platform, a bilateral multi-asset and multi-dealer request for quote (RFQ) platform specializing in equity and fixed-income derivatives, structured products, and ETFs. The acquisition follows the May 2022 formation of a consortium by Virtu Financial to support RFQ-hub's growth.
The founding consortium members, including Virtu, Citadel Securities, Flow Traders, Jane Street Capital, and BlackRock, will maintain minority stakes and continue partnering with MarketAxess. The strategic move aims to combine RFQ-hub's technology with MarketAxess's global client network, focusing on expanding the role of fixed-income ETFs and credit futures as tools for market exposure and liquidity management.
MarketAxess (MKTX) reported exceptional trading volumes for April 2025, with record total credit Average Daily Volume (ADV) up 32% to $18.4 billion and record total rates ADV up 93% to $39.1 billion. The company achieved a record Open Trading ADV of $5.7 billion, representing 38% of total credit trading, up from 34% year-over-year. Notable highlights include record portfolio trading ADV up 99% to $1.8 billion, with 90% executed over X-Pro. The platform demonstrated strong performance during increased market volatility, with significant growth across U.S. high-yield, municipals, and U.S. government bonds. Emerging markets ADV reached a record $4.3 billion, while the rates business hit an all-time single-day record of $102.3 billion in U.S. government bonds traded on April 9.
MarketAxess Holdings (Nasdaq: MKTX) has appointed Spencer Lee as Head of Client Product, Americas, effective May 12, 2025. In this role, Lee will oversee business and product management across U.S. high-grade, high-yield, municipals, dealer and client solutions, including the MarketAxess X-Pro trading platform.
Lee joins from TS Imagine, where he served as Chief Markets Officer. With over 20 years of fixed-income trading experience, he previously co-founded Agilon Capital and led global credit electronic trading at BlackRock. CEO Chris Concannon highlighted Lee's extensive market structure expertise and buy-side perspective as valuable assets for advancing MarketAxess's innovation in fixed-income markets.
MarketAxess Holdings (Nasdaq: MKTX), a leading electronic trading platform operator for fixed-income securities, has scheduled its first quarter 2025 financial results announcement for Wednesday, May 7, 2025, before market opening.
The company will host a conference call at 10:00 a.m. ET featuring CEO Chris Concannon, Global Head of Trading Solutions Richard Schiffman, and CFO Ilene Fiszel Bieler. The call will include a strategic update, financial results discussion, and outlook presentation.
Participants can join via phone at 646-307-1963 using ID 1832176, or through a live audio webcast on the Investor Relations section of MarketAxess's website. The webcast recording will remain accessible for 90 days post-announcement.
MarketAxess Holdings (Nasdaq: MKTX) achieved a significant milestone with an all-time single-day record of $102.3 billion in U.S. Government Bonds notional traded on April 9. The record trading volume was attributed to increased market volatility, driving strong market volumes and notable uptake in client and algorithmic trading.
The company's Head of Rates, Chris Good, highlighted growing client adoption of firm liquidity sources like Live Markets® during volatile market conditions. MarketAxess is expanding its offerings with Pragma technology and plans to introduce enhanced Request for Quote (RFQ) capabilities for U.S. Government Bonds, which will enable dealers to expand their reach through the MarketAxess client network.
MarketAxess (MKTX) reported strong trading volumes for March and Q1 2025, with record total credit Average Daily Volume (ADV) of $17.8B in March, up 20% year-over-year. The company achieved record total ADV of $46.5B in March 2025, representing a 46% increase from the previous year.
Key highlights include record Q1 2025 performance with total ADV of $42.9B, up 31% year-over-year. The company saw significant growth in portfolio trading, with March 2025 ADV reaching $1.5B, up 134% from the prior year. U.S. high-grade estimated market share was 20.0% in March 2025, improving from 19.8% year-over-year and 17.8% in February 2025.
Notable achievements include record block trading volumes in emerging markets and eurobonds, with March 2025 emerging markets block trading ADV of $1.7B (+37% YoY) and eurobonds block trading ADV of $510M (+106% YoY). Open Trading ADV reached $5.5B in March 2025, representing 37% of total credit trading volume.
MarketAxess Holdings (Nasdaq: MKTX) reported its February 2025 trading statistics, showing mixed performance across different segments. Total average daily volume (ADV) reached $43.4 billion, up 27% year-over-year and 11% from January 2025.
Key metrics include:
- Total rates ADV: $27.9 billion (+46% YoY)
- Total credit ADV: $15.5 billion (+2% YoY)
- U.S. high-grade ADV: $7.1 billion (-8% YoY)
- Record emerging markets ADV: $4.1 billion (+13% YoY)
The company's market share in U.S. high-grade credit declined to 17.8% from 19.5% year-over-year. However, portfolio trading showed strong growth, with ADV of $1.5 billion (+131% YoY). The company's CEO acknowledged challenges in U.S. credit performance but highlighted upcoming launches of High Touch block trading solution and dealer Mid-X protocol in Q2 2025.
MarketAxess Holdings Inc. (Nasdaq: MKTX), a prominent operator of an electronic trading platform for fixed-income securities, announced that its CEO, Chris Concannon, will participate in the Raymond James 2025 Institutional Investors Conference on March 3, 2025. Mr. Concannon is scheduled for a fireside chat at 4:35 p.m. ET. The live webcast and replay of the session will be accessible via the events and presentations section on the MarketAxess Investor Relations homepage.