Marketaxess Hldgs Inc Stock Price, News & Analysis

MarketAxess (Nasdaq: MKTX) reported trading volume and preliminary fees for September and 3Q25. Client-initiated block trading ADV grew 10% in 3Q25 with emerging markets block ADV +20% and eurobonds block ADV +58%, and cumulative targeted block volume ~ $10.1 billion. Total portfolio trading ADV rose 20% to $1.4 billion and U.S. high-yield portfolio ADV hit a record $341 million. The company reported an estimated U.S. credit portfolio trading market share of 19.1% for 3Q25 and a monthly record of 22.5% in September. U.S. high-yield market share reached 25.9%, up ~730 basis points YoY. Dealer-initiated ADV increased 18% to $1.5 billion. Preliminary total credit FPM was $140 for 3Q25.

MarketAxess (NASDAQ:MKTX) has launched Axess IQ Connect, a mobile-friendly web application designed for Private Banks and Wealth Managers. The platform extends the capabilities of their Axess IQ execution management system, providing financial advisors with on-the-go access to real-time fixed-income market insights.

The application features AI-powered pricing through CP+, high-quality liquidity data, interactive watchlists, and real-time order tracking capabilities. Client advisors can now submit and monitor bond orders directly through the platform, connecting them seamlessly with their trading desks for improved efficiency in fixed-income trading operations.

MarketAxess (Nasdaq: MKTX) reported its August 2025 trading statistics, showing mixed performance across different segments. The company's client-initiated channel saw 8% growth in block trading ADV, with notable growth in emerging markets (14%) and eurobonds (95%). The portfolio trading channel achieved an 18% increase in total ADV to $1.2 billion, including a record U.S. high-yield portfolio trading ADV of $344 million.

The company's U.S. high-grade market share was 19.4%, down from 20.9% year-over-year but up from July's 18.2%. Total credit variable transaction fees per million decreased 8% year-over-year due to protocol and product mix changes. The dealer-initiated channel showed strong growth with an 18% increase in ADV to $1.3 billion.

MarketAxess (Nasdaq: MKTX), a leading electronic trading platform operator for fixed-income securities, has announced its participation in the upcoming Barclays Global Financial Services Conference. The company will be represented by CEO Chris Concannon and CFO Ilene Fiszel Bieler in a fireside chat scheduled for September 9, 2025, at 12:00 p.m. ET.

Investors can access both the live webcast and replay of the presentation through the events and presentations section of MarketAxess's Investor Relations website.

MarketAxess (NASDAQ:MKTX) reported strong Q2 2025 financial results, with record revenue of $219.5 million, up 11% year-over-year. The company achieved record commission revenue of $191.8 million, driven by a 10% increase in credit commission revenue and a 40% increase in rates commission revenue.

Notable achievements include record block trading volumes across U.S. credit, emerging markets, and eurobonds, along with a 69% increase in portfolio trading ADV to $1.5 billion. The company reported EPS of $1.91 (or $2.00 excluding notable items), representing an 11% increase. Operating expenses were $127.6 million, up 10% year-over-year.

The company maintained strong liquidity with $620.9 million in cash and investments and declared a quarterly dividend of $0.76 per share.

MarketAxess (Nasdaq: MKTX) reported strong trading volume statistics for July 2025, with total credit Average Daily Volume (ADV) growing 12% year-over-year, driven by a 21% increase in combined Emerging Markets and Eurobonds ADV.

Key highlights include a 32% increase in portfolio trading ADV to $1.3 billion, a 33% rise in dealer-initiated ADV to $1.5 billion, and 9% growth in block trading. The company's U.S. high-grade market share was 18.2%, down 50 basis points year-over-year. Variable transaction fees per million showed a slight decline in total credit and a marginal increase in rates compared to July 2024.

MarketAxess (Nasdaq: MKTX), a leading electronic trading platform for fixed-income securities, has announced significant enhancements to its dealer-initiated protocols, including the launch of Mid-X in US Credit and improvements to its Dealer RFQ protocol. The enhanced Mid-X protocol, which operates as an anonymous mid-point matching session, will be launched in September for US IG and HY Bonds.

The company reported impressive growth in its existing Mid-X protocol for emerging markets and eurobonds, with Q2 2025 volumes increasing 70% compared to Q2 2024. The enhanced protocol is powered by CP+™, MarketAxess's AI-powered real-time predictive pricing engine, and will feature a new one-step submit and trade protocol to improve trading efficiency and liquidity access.

MarketAxess (NASDAQ:MKTX) has achieved a significant milestone with the successful execution of the first electronic trade of Indian Government Bonds (IGBs) between BlackRock and Standard Chartered on its newly launched trading platform.

The platform, specifically designed for Foreign Portfolio Investors (FPIs) and market makers, represents a major step in making India's onshore bond market more accessible and efficient. BlackRock's Head of International Trading highlighted the growing opportunities in India's bond market, particularly noting the increased interest due to inclusion in major global indices.

This development marks MarketAxess's strategic expansion in the Asian market, with the company's purpose-built solution aimed at meeting institutional investors' specific needs for trading Indian Government Bonds.

MarketAxess Holdings (Nasdaq: MKTX), a leading electronic trading platform for fixed-income securities, will release its Q2 2025 financial results on Wednesday, August 6, 2025, before market open.

CEO Chris Concannon and CFO Ilene Fiszel Bieler will host a conference call at 10:00 a.m. ET to discuss results and provide a strategic update. The call will be accessible via phone (646-307-1963, ID: 1832176) and webcast through the company's investor relations website.