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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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MarketAxess Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
MarketAxess Holdings Inc. announced its Trading for Turkeys charity initiative to support City Harvest. MarketAxess will donate 25% of its U.S. High-Grade and U.S. High-Yield Portfolio Trading revenues in November to help feed New York City families during the holiday season. The MarketAxess Charitable Foundation will also be City Harvest's official 2023 Turkey sponsor. MarketAxess has previously helped rescue and deliver 772,000 lbs. of food in partnership with City Harvest.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.95%
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none
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Rhea-AI Summary
MarketAxess Holdings Inc. announced its financial results for Q3 2023, with total revenues of $172.3 million, in line with the prior year. The company saw a 10% increase in total expenses and recorded operating income of $66.9 million. Diluted EPS was $1.46 on net income of $54.9 million. Record information services revenue of $11.8 million, up 21.5%. The company also saw growth in average daily volume and active client firms. Total automated trade volume and trade count surpassed 2022 levels. The company delivered estimated price improvement of approximately $120 million in Q3 2023. Credit trading volume and market share decreased, while rates commission revenue decreased by 5%. Expenses increased by 10%. The company provided guidance for full-year 2023 expenses, capital expenditures, and effective tax rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.26%
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Rhea-AI Summary
MarketAxess becomes the first Global Leadership Council Partner of EMpower, the Emerging Markets Foundation, to support young people in need.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
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none
Rhea-AI Summary
MarketAxess Holdings Inc. will announce its Q3 2023 financial results on October 25, 2023. Conference call to discuss the results will be held at 10:00 a.m. ET.
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conferences earnings
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Rhea-AI Summary
MarketAxess Holdings Inc. announces Q3 2023 trading volume and preliminary variable transaction fees per million (FPM). Total credit ADV increased by 1.7% to $11.2 billion. U.S. high-grade ADV increased by 1.1% with an estimated market share of 20.0%. U.S. high-yield ADV decreased by 20.4% with an estimated market share of 16.1%. Emerging markets ADV increased by 8.0% to $2.8 billion. Eurobonds ADV increased by 18.2% to $1.5 billion. Municipal bond ADV increased by 7.5% to $388 million. Total portfolio trading volume increased by 11.1% to $27.5 billion. Open Trading share of total credit trading volume decreased to 33%. Preliminary FPM for total credit was approximately $155. Preliminary FPM for total rates was $4.60.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.16%
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Rhea-AI Summary
MarketAxess enhances its EM trading product with Open Trading for local currency bonds, connecting local dealers with international clients and deepening liquidity pool. EM local currency bonds constituted over 40% of MarketAxess global EM volumes of $360B in H1 2023. Expansion to more local currencies planned for H1 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.47%
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Rhea-AI Summary
MarketAxess Holdings Inc. completes acquisition of Pragma, a quantitative trading technology provider specializing in algorithmic and analytical services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.73%
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Rhea-AI Summary
Carlos Hernandez elected to MarketAxess Board of Directors
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.89%
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management
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Rhea-AI Summary
MarketAxess Holdings Inc. announces August 2023 trading volume and preliminary variable transaction fees per million (FPM)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.44%
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none
Rhea-AI Summary
MarketAxess Holdings CFO to participate in Barclays Global Financial Services Conference on September 12, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
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conferences
MarketAxess Holdings Inc.

Nasdaq:MKTX

MKTX Rankings

MKTX Stock Data

8.22B
37.12M
1.8%
101.54%
3.05%
Securities Brokerage
Finance and Insurance
Link
United States of America
NEW YORK

About MKTX

marketaxess 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. over 1,300 institutional investor and broker-dealer firms are active users of the marketaxess trading platform, accessing global liquidity in u.s. high-grade corporate bonds, emerging markets and high-yield bonds, leveraged loans, european bonds, u.s. agency bonds, municipal bonds, credit default swaps and other fixed-income securities. our "all-to-all"​ market for corporate bonds, 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. marketaxess also offers a number of trading-related products and services, including: market data to assist clients with trading decisions; connectivity solutions that facilitate straight-through proc