MarketAxess beats Q2 EPS estimates as strong emerging markets and Eurobonds trading volumes offset weaker commission revenues and softer core trading activity.
Intercontinental Exchange is betting on a shift toward electronic fixed-income trading.
MKTX surged nearly 30% after agreeing to a roughly $6 billion all-cash acquisition by ICE at $167 per share, a 33% premium to its prior close.
| Capital Markets Industry | Financials Sector | Christopher Robert Concannon CEO | XFRA Exchange | 57060D108 CUSIP |
| US Country | 868 Employees | 19 Aug 2026 Last Dividend | - Last Split | 5 Nov 2004 IPO Date |
MarketAxess Holdings Inc. is a pioneering financial technology company that specializes in electronic trading platforms mainly for the fixed-income market. Founded in 2000 and based in New York, the company has grown to serve institutional investor and broker-dealer clients across the globe. At its core, MarketAxess focuses on enhancing transparency, efficiency, and liquidity across various debt markets. Through its advanced trading technology, the company facilitates a broad range of bond trading activities, including U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, and several other fixed-income securities. MarketAxess has revolutionized the way bond trading is conducted by implementing an all-to-all anonymous trading environment that supports a wide array of corporate bonds, thus leveling the playing field for participants.