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 Inc. (Nasdaq: MKTX) announced a monthly trading volume of $567.0 billion for June 2021, with $239.5 billion in credit and $327.5 billion in rates. The company reported preliminary variable transaction fees per million for Q2 2021: $174 for U.S. high-grade, $194 for other credit, $184 for total credit, and $3.90 for rates. These FPM figures are preliminary and subject to revision. Trading volume data is available on the MarketAxess investor website.
MarketAxess Holdings Inc. (Nasdaq: MKTX) announced new enhancements to its portfolio trading solution aimed at improving client efficiency on its electronic trading platform. Key features include support for multi-directional and multi-currency lists, integrating seamlessly with existing list RFQ functionality. Portfolio trading now accounts for approximately $1.5 billion in average daily volume. Recent technology upgrades have led to over 50 completed portfolio trades with significant participation from various investors and dealers, showcasing growing adoption in the market.
MarketAxess Holdings Inc. (Nasdaq: MKTX) has announced that CFO Tony DeLise will speak at the Morgan Stanley U.S. Financials, Payments and CRE Conference on June 16, 2021, at 11:00 a.m. EST. The presentation will be available via live internet broadcast. MarketAxess operates a top electronic trading platform that enhances liquidity, execution quality, and cost efficiency in global fixed-income markets, serving over 1,800 firms including major asset managers. For further details, visit their official website.
MarketAxess Holdings Inc. (Nasdaq: MKTX) will participate in the Piper Sandler Global Exchange & FinTech Conference on June 9, 2021. Rick McVey, Chairman and CEO, is set to engage in a fireside chat at 1:30 p.m. EST, while Chris Concannon, President and COO, will join a panel discussion at 2:30 p.m. EST. Both presentations will be broadcast live online, allowing listeners to access the events via provided links. MarketAxess operates a leading electronic trading platform for fixed-income securities, offering enhanced liquidity and market data services.
MarketAxess Holdings Inc. (MKTX) reported a monthly trading volume of $478.7 billion for May 2021, which includes $204.4 billion in credit volume and $274.3 billion in rates volume. This figure encompasses only fully electronic trading volume across all product categories. MarketAxess continues to lead in electronic trading and provides key market data for the global fixed-income markets. Investors can find estimated TRACE volumes on the company’s website as they await FINRA's publication of the corporate and agencies capped volume report for May.
MarketAxess Holdings (Nasdaq: MKTX) announced that Barclays (NYSE: BCS) will become a dedicated market maker, providing streaming prices for US investment grade corporate bonds on the MarketAxess Live Markets™ platform. This initiative enhances liquidity and trading efficiency for institutional investors, allowing them to place live orders more easily. In Q1 2021, volume via Open Trading reached a record $246.3 billion, up 20% year-over-year. This growth reflects the increasing importance of all-to-all trading in the credit markets, significantly benefiting MarketAxess's trading volumes.
MarketAxess Holdings Inc. (Nasdaq: MKTX), a leader in electronic trading for fixed-income securities, announced that Chris Concannon, President and COO, and Tony DeLise, CFO, will present at the Deutsche Bank Global Financial Services and FinTech Information Services Conference on June 2, 2021, at 11:50 a.m. EDT. The presentation will be available via live stream. MarketAxess operates a robust trading platform that enhances liquidity, execution quality, and cost efficiency for over 1,800 firms globally.
MarketAxess Holdings (NASDAQ: MKTX) reported strong trading volumes for April 2021, totaling $511.4 billion. This includes $225.0 billion in credit volume and $286.4 billion in rates volume, reflecting robust activity in the fixed-income market. The figures represent fully electronic trading volume, reinforcing MarketAxess's position as a key player in providing market data and post-trade services globally.
MarketAxess Holdings reported strong first-quarter results for 2021, achieving record revenues of $195.5 million, a 16% increase year-over-year. Operating income rose to $103.5 million (+14%), with a diluted EPS of $2.11 (+8%). The company noted a record Open Trading credit volume of $246.3 billion (+20%) and increased market share in both high-grade (20.5%) and high-yield (15.6%) segments. Total expenses increased by 18.1% to $92.0 million, largely due to rising employee costs and acquisition-related expenses. A quarterly dividend of $0.66 per share was declared.
MarketAxess Holdings Inc. (Nasdaq: MKTX) completed its acquisition of MuniBrokers on April 9, 2021. This acquisition allows MarketAxess to enhance its electronic trading platform for municipal bonds, aiming to improve liquidity for the broker-dealer community. President Chris Concannon stated that the integration of MuniBrokers aligns with their vision to use technology for broader trading connections. MarketAxess continues to focus on delivering cost-effective trading solutions and market data services, leveraging its extensive network of over 1,800 firms to strengthen its position in the global fixed-income market.