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MarketAxess Holdings Inc. - MKTX STOCK NEWS

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.

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MarketAxess Holdings Inc. (Nasdaq: MKTX) has entered into a definitive agreement to acquire Pragma, a quantitative trading technology provider. Pragma's algorithmic trading platform and quantitative execution solutions handle over $2 trillion of algorithmic order flow in multiple asset classes. The acquisition will help MarketAxess accelerate the development of execution algorithms and data-driven analytics in fixed-income products.
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MarketAxess Holdings Inc. (Nasdaq: MKTX) announced its July 2023 trading volume and preliminary variable transaction fees per million (FPM). The company reported an 8.0% increase in total credit average daily volume, but a 13.7% decrease in U.S. high-yield ADV. Market share trends in international product areas, emerging markets, and Eurobonds are encouraging. The preliminary FPM for total credit for July 2023 was approximately $160, compared to $165 in the prior year. Total credit Open Trading share was 34% of total credit trading volume, down from 36% in the prior year.
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MarketAxess Holdings Inc. (Nasdaq: MKTX) announced 2Q23 financial results, including $179.8M in total revenues, 4.0% growth year-to-date, and $1.59 diluted EPS. The company saw record trading volume in emerging markets and Eurobonds, as well as significant growth in active client firms and automation trading volume.
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MarketAxess Holdings Inc. CFO, Chris Gerosa, will participate in the Morgan Stanley U.S. Financials, Payments and CRE Conference on June 14, 2023.
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FAQ

What is the current stock price of MarketAxess Holdings (MKTX)?

The current stock price of MarketAxess Holdings (MKTX) is $230.15 as of December 20, 2024.

What is the market cap of MarketAxess Holdings (MKTX)?

The market cap of MarketAxess Holdings (MKTX) is approximately 8.6B.

What does MarketAxess Holdings Inc. do?

MarketAxess operates a leading electronic trading platform for trading corporate bonds and other fixed-income instruments.

When was MarketAxess founded?

MarketAxess was founded in the year 2000.

What is Open Trading™?

Open Trading™ is MarketAxess' 'all-to-all' market for corporate bonds, allowing anonymous electronic trades between market participants.

What types of securities can be traded on MarketAxess?

Users can trade U.S. high-grade corporate bonds, emerging markets, high-yield bonds, leveraged loans, European bonds, U.S. agency bonds, municipal bonds, and more.

How does MarketAxess provide market data?

MarketAxess offers market data services to assist clients with informed trading decisions.

What recent acquisitions has MarketAxess made?

Recent acquisitions include LiquidityEdge in 2019, MuniBrokers in 2021, and the Regulatory Reporting Hub from Deutsche Börse Group in 2020.

Who are the primary users of the MarketAxess platform?

The platform is used by over 1,300 institutional investors and broker-dealer firms globally.

How does MarketAxess ensure efficient trading?

MarketAxess uses patented trading technology and offers connectivity solutions to facilitate straight-through processing (STP).

In which markets has MarketAxess expanded recently?

MarketAxess has expanded into the Treasury and municipal bond markets through recent acquisitions.

What additional services does MarketAxess provide?

MarketAxess offers pre- and post-trade services, including regulatory reporting, to enhance their comprehensive trading solutions.

MarketAxess Holdings Inc.

Nasdaq:MKTX

MKTX Rankings

MKTX Stock Data

8.62B
36.88M
2.18%
99.41%
1.74%
Capital Markets
Security Brokers, Dealers & Flotation Companies
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United States of America
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