MarketAxess Holdings
MKTX
Market cap $7.99B

222.69 USD

+3.27

1.49%

At close May 20, 4:00 PM EDT

After hours

222.69

+0.00

0.00%

1 day

1.49%

5 days

4.20%

1 month

0.23%

3 months

17.32%

6 months

-16.11%

Year to date

-1.16%

1 year

3.24%

5 years

-53.41%

10 years

152.03%

About: Founded in 2000, MarketAxess is a leading electronic fixed-income trading platform that connects broker/dealers and institutional investors. The company is primarily focused on credit based fixed income securities with its main trading products being US investment-grade and high-yield bonds, Eurobonds, and Emerging Market corporate debt. Recently the company has expanded more aggressively into Treasuries and municipal bonds with the acquisitions of LiquidityEdge and MuniBrokers in 2019 and 2021, respectively. The company also provides pre- and post-trade services with its acquisition of Regulatory Reporting Hub from Deutsche Börse Group in 2020 adding to its product offerings.

Employees: 891

Financials Capital Markets

0

Funds holding %

of 7,202 funds

0

Analysts bullish %

of 7 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

113% more call options, than puts

Call options by funds: $40.6M | Put options by funds: $19.1M

100% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 4 (+2) [Q1 2025]

16% more repeat investments, than reductions

Existing positions increased: 199 | Existing positions reduced: 172

5% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 76

2% less funds holding

Funds holding: 509 [Q4 2024] → 498 (-11) [Q1 2025]

2.87% less ownership

Funds ownership: 99.84% [Q4 2024] → 96.98% (-2.87%) [Q1 2025]

7% less capital invested

Capital invested by funds: $8.51B [Q4 2024] → $7.91B (-$601M) [Q1 2025]

See Fund Rankings

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$191

14%

downside

Avg. target

$243

9%

upside

High target

$295

32%

upside

7 analyst ratings

3 positive

43%

3 neutral

43%

1 negative

14%

Citigroup Christopher Allen	19%upside $265	Buy Maintained	8 May 2025
Barclays Benjamin Budish	8%upside $240	Equal-Weight Maintained	8 May 2025
Piper Sandler Patrick Moley	9%downside $202	Neutral Maintained	8 May 2025
Keefe, Bruyette & Woods Kyle Voigt	1%upside $226	Market Perform Maintained	8 May 2025
Morgan Stanley Michael Cyprys	27%upside $283	Overweight Maintained	8 May 2025

See Analyst Rankings

Financial journalist opinion

Based on 14 articles about MKTX published over the past 30 days

Zacks Investment Research

Strategic Play: MarketAxess Gains Majority Control of RFQ-hub

The move will likely give MKTX more direct influence over RFQ-hub's operations and potential revenue streams.

Strategic Play: MarketAxess Gains Majority Control of RFQ-hub

MarketAxess Acquires Majority Control of RFQ-hub Holdings LLC

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the completion of its acquisition of a majority stake in the RFQ-hub platform, a bilateral multi-asset and multi-dealer request for quote (RFQ) platform with a focus on equity and fixed-income listed and OTC derivatives, structured products and exchange-traded funds (ETFs). Following the closing, MarketAxess holds approximately a.

MarketAxess Acquires Majority Control of RFQ-hub Holdings LLC

MarketAxess Holdings Inc. (MKTX) Q1 2025 Earnings Call Transcript

MarketAxess Holdings Inc. (NASDAQ:MKTX ) Q1 2025 Earnings Call May 7, 2025 10:00 AM ET Company Participants Steve Davidson - Head, Investor Relations Chris Concannon - Chief Executive Officer Ilene Fiszel Bieler - Chief Financial Officer Conference Call Participants Chris Allen - Citi Alex Kramm - UBS Kyle Voigt - KBW Michael Cyprys - Morgan Stanley Alex Blostein - Goldman Sachs Jeff Schmitt - William Blair Patrick Moley - Piper Sandler Chris O'Brien - Barclays Brian Bedell - Deutsche Bank Operator Ladies and gentlemen, thank you for standing by. Welcome to the MarketAxess First Quarter 2025 Earnings Conference Call.

MarketAxess Holdings Inc. (MKTX) Q1 2025 Earnings Call Transcript

Zacks Investment Research

MarketAxess Q1 Earnings Beat on Emerging Markets Strength

MKTX returns $38.1 million to shareholders in the first quarter via share buybacks.

MarketAxess Q1 Earnings Beat on Emerging Markets Strength

Zacks Investment Research

MarketAxess (MKTX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

The headline numbers for MarketAxess (MKTX) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

MarketAxess (MKTX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Zacks Investment Research

MarketAxess (MKTX) Q1 Earnings Surpass Estimates

MarketAxess (MKTX) came out with quarterly earnings of $1.87 per share, beating the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $1.92 per share a year ago.

MarketAxess (MKTX) Q1 Earnings Surpass Estimates

MarketAxess Reports First Quarter 2025 Financial Results

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced financial results for the first quarter ended March 31, 2025. 1Q25 select financial and operational highlights* Total revenues of $208.6 million, including a decrease of approximately $0.3 million from the impact of foreign currency fluctuations, decreased 1% compared to the prior year. 2% decline in total commission revenue driv.

MarketAxess Reports First Quarter 2025 Financial Results

Zacks Investment Research

MarketAxess to Post Q1 Earnings: Here's What to Expect From the Stock

MKTX's first-quarter earnings are likely to have witnessed growing expenses and Eurobonds trading volumes.

MarketAxess to Post Q1 Earnings: Here's What to Expect From the Stock

Zacks Investment Research

MarketAxess (MKTX) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

Besides Wall Street's top -and-bottom-line estimates for MarketAxess (MKTX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025.

MarketAxess (MKTX) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

MarketAxess Announces Trading Volume Statistics for April 2025

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced trading volume and preliminary variable transaction fees per million (“FPM”) for April 2025.1 Trading Records for April 2025 Total average daily volume (“ADV”) of $57.4 billion Total credit ADV of $18.4 billion Total rates ADV of $39.1 billion U.S. credit block trading ADV of $3.8 billion Emerging markets ADV of $4.3 billion .

MarketAxess Announces Trading Volume Statistics for April 2025

See News Rankings

Charts implemented using Lightweight Charts™