MarketAxess Holdings Inc. Stock News

Six summers ago, Donald Trump lamented privately to Republican donors that he expected Jay Powell to be a “cheap money” Fed chair. To the President's chagrin, Powell had recently raised interest rates.

MarketAxess demonstrated strong operating leverage in 3Q24, with 20% Y/Y revenue growth and a 330bps increase in operating margin. Market share trends remain soft, with declines in U.S. High Grade and High Yield credit market shares, justifying the Hold rating. October volume metrics showed strong Y/Y growth, but market share continued to decline, particularly in key credit products, impacting ...

MarketAxess Holdings Inc. (NASDAQ:MKTX ) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Steve Davidson - Head, IR Chris Concannon - CEO Rich Schiffman - Global Head, Trading Solutions Ilene Fiszel Bieler - CFO Conference Call Participants Chris Allen - Citi Alex Kramm - UBS Benjamin Budish - Barclays Patrick Moley - Piper Sandler Jeff Schmitt - William Blair ...

Bond trading platform MarketAxess Holdings beat third-quarter profit estimates on Wednesday, helped by strong activity in the bond market.

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that Founder and Executive Chairman Rick McVey will retire at the end of the year. Carlos Hernandez will succeed Mr. McVey as Chairman of the Board of Directors, effective January 1, 2025. Mr. McVey has agreed to remain as the Ch...

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 third quarter ended September 30, 2024. 3Q24 select financial and operational highlights* 20% increase in total revenues to $206.7 million, including Pragma revenue of $7.7 million and an increase of app...

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 October 2024.1 Chris Concannon, CEO of MarketAxess, commented: “We delivered the second straight month of record total trading ADV in October, drive...

NEW YORK , Oct. 31, 2024 /PRNewswire/ -- S&P Global Market Intelligence (SPGMI), a leading provider of information services and solutions to the global markets, and MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced a strategic data partnership that will result in increased transparency and efficiency for ...