MarketAxess Holdings

MarketAxess Holdings, Inc. operates as an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. It also provides data and analytical tools that help its clients to make trading decisions and facilitate the trading process by electronically communicating order information between trading counterparties. The firm's patented trading technology allows institutional investor clients to request competitive, executable bids, or offers from multiple broker dealers simultaneously and to execute trades with the broker dealer of their choice. The company was founded by Richard M. Mcvey on April 11, 2000, and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

MarketAxess posts robust Q4 results, eyes growth in ETFs and automation

MarketAxess delivered strong financial performance, achieved record market share gains, and outlined strategic initiatives for growth. The company's leadership transition and focus on innovation position it well for future opportunities in the evolving fixed income market landscape.

MarketAxess reports record Q1 results, eyes growth in fixed income

MarketAxess delivered strong financial performance in Q1 with record revenues and trading volumes. The company showcased growth in various areas and highlighted opportunities in fixed income markets. Challenges include managing operating expenses and navigating potential industry changes.

MarketAxess reports solid Q2 earnings amidst market challenges

MarketAxess Holdings reported solid financial performance in Q2 despite challenges from decreased volatility. The company's focus on innovation, integration, and execution led to record client activity and trading enhancements.
While facing challenges in market conditions and specific segments, MarketAxess is well-positioned for future growth with a strong balance sheet and strategic initiatives in place. Opportunities in the fixed income environment and regulatory landscape provide avenues for further expansion.
Overall, MarketAxess is navigating market challenges, leveraging strengths in client growth and automation, addressing specific segment challenges, and capitalizing on growth opportunities in the fixed income market and regulatory changes.

MarketAxess posts solid Q3 results, eyes growth amid market volatility

MarketAxess delivered strong financial performance in Q3 2023, focusing on technology investments and client-centric solutions.
The company's emphasis on liquidity, workflow solutions, and value-based pricing differentiates it in the market.
Challenges include managing increased market volatility and operating expenses, requiring effective risk management and cost control.
Opportunities lie in leveraging market volatility, expanding client network, and investing in innovative trading solutions for growth.

MarketAxess posts robust Q4 results, eyes automation growth opportunities

MarketAxess delivered strong financial performance in Q4 2023, marked by revenue and EPS growth.
The company's focus on data, content, and automation presents growth opportunities and operational efficiencies.
While facing challenges in certain segments, MarketAxess is well-positioned to capitalize on market trends and client demands.
Overall, MarketAxess's strategic initiatives and product developments are driving positive outcomes and market adoption.

MarketAxess posts record revenue growth, focuses on global expansion

MarketAxess reported solid revenue growth and earnings per share in Q1 2024, driven by record commission revenues and strategic focus on faster-growing market segments.
Efficiency improvements through the X-Pro platform and expense management initiatives are enhancing the company's competitive position and market share.
Challenges include market share dynamics in a high volatility environment and managing variable expenses, while opportunities lie in global expansion and innovative product offerings.
The integration of the Pragma acquisition and the rollout of new features like Adaptive Auto-X position MarketAxess for continued growth and success in evolving markets.

MarketAxess reports robust Q2 growth, eyes international expansion opportunities

MarketAxess Holdings delivered strong financial performance in Q2 2024, with revenue up 10% and efficient cost management.
The ICE partnership and growth initiatives in information services offer promising avenues for expansion and market reach.
While facing competition and challenges, MarketAxess remains confident in its future performance and capital allocation strategy.

MarketAxess reports robust Q3 earnings, eyes global expansion opportunities

MarketAxess Holdings delivered strong financial results in Q3 2024, driven by revenue growth and increased earnings per share. Despite challenges in the U.S. high-grade market, the company remains focused on strategic growth initiatives and sees opportunities in expanding its product offerings and market presence.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

MarketAxess Holdings, Inc. engages in an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. It operates through the Americas, Europe, and Asia geographical segments. The company was founded by Richard Mitchell Mcvey on April 11, 2000, and is headquartered in New York, NY.

Cboe Global Markets

CME Group

Intercontinental Exchange

Nasdaq

Product innovation, increased market volatility and a strategic economic market model are expected to aid Securities and Exchanges stocks like ICE, CME, NDAQ, CBOE and MKTX. However, compliance with regulations remains a challenge.

5 Securities and Exchanges Stocks to Watch Amid Market Volatility

MKTX expands its partnership with BlackRock to improve the trading experience for clients.

MarketAxess Expands Partnership With BlackRock, Enhances Offerings

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced an expansion of its decade-long partnership with BlackRock to seamlessly integrate MarketAxess credit trading protocols, pricing and data into BlackRock's Aladdin® order execution management system (OEMS). This announcement builds on the MarketAxess and BlackRock partnership in Open Trading and MarketAxess analytics that began in.

MarketAxess Announces Expanded Partnership with BlackRock to Deliver Enhanced Connectivity and Efficiency to Global Credit Markets

Reiterating HOLD rating on MKTX due to recent market share decline in U.S. High Grade and High Yield credit, despite strong ADNV growth. August 2024 metrics show significant Y/Y growth in ADNV across all credit and rates categories, but market share continues to decline albeit at a slower pace. Forecasting 3Q24 commissions revenue up 12% Y/Y and EPS of $1.68 (+15% Y/Y), driven by higher Fee Per Million in credit.

MarketAxess: August Volume Report Shows Strong YOY Growth, But Market Share Continues To Decline

MarketAxess (MKTX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

MarketAxess (MKTX) Surges 6.7%: Is This an Indication of Further Gains?

MarketAxess (MKTX) reported earnings 30 days ago. What's next for the stock?

MarketAxess (MKTX) Up 5.5% Since Last Earnings Report: Can It Continue?

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 August 2024.1 Chris Concannon, CEO of MarketAxess, commented: “A favorable market environment helped deliver strong year-over-year, and solid month-over-month results in August. We delivered 27% growth in total credit ADV year-over-year, driven by a.

MarketAxess Announces Monthly Volume Statistics for August 2024

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that Chris Concannon, Chief Executive Officer, and Ilene Fiszel Bieler, Chief Financial Officer, will participate in the Barclays Global Financial Services Conference on September 10, 2024. Mr. Concannon and Ms. Fiszel Bieler will participate in a fireside chat at 2:45 p.m. ET. The live webcast and replay for the fireside chat wi.

MarketAxess to Participate in the Barclays Global Financial Services Conference

Apple

Accenture Plc

Allegion

Applied Materials

Amphenol

Cintas Corp

D.R. Horton

Dick's Sporting Goods

Domino's Pizza

EOG Resources

Fastenal

FactSet Research Systems

Graco

Garmin

W.W. Grainger

HCA Healthcare

Home Depot

Hershey

Jack Henry & Associates

KLA-Tencor

Lincoln Electric Hlds

Eli Lilly

Lam Research

Mastercard

The High Quality Dividend Stock Investable Universe is a rules-based approach to finding the best dividend stocks to invest in. The universe is made up of 50 stocks with a focus on identifying companies with strong growth metrics and proven to be winners in the past. A custom valuation model is applied to the investable universe to determine buy, hold or trim ratings for each stock.

50 High Quality Dividend Stocks To Own For The Long Term

MarketAxess (MKTX) remains well-poised for growth on the back of expanding commissions, product launches and sound cash reserves.

Here's Why Investors Should Hold MarketAxess (MKTX) Stock

Clearwater Analytics Holdings

Essent Group

H.B. Fuller

Intuitive Surgical

Coca-Cola

Lantheus Holdings

Sherwin-Williams

Spotify

Union Pacific

XPEL

Now that stock investors are beginning to realize that a recession isn't on the way, the U.S. market will get back to doing what is up to before the August swoon: showing strength beyond the Magnificent Seven.

13 stocks to consider if you're able to brave recession fears

MarketAxess is a global electronic credit trading platform offering trading efficiency, diverse liquidity, and cost savings to institutional investors and broker-dealers. MKTX's revenue growth has slowed due to a decline in commissions revenue growth, but non-commission revenue has remained strong. MKTX's expenses have grown despite revenue headwinds, leading to margin compression and a decrease in operating margin.

MarketAxess: Electronic Credit Platform With Industry Tailwinds, Valuation Seems Fair

Banco Macro

Twenty-First Century Fox

Northern Oil and Gas

Seanergy Maritime Hlds

Investors may keep a tab on stocks like BMA, NOG, FOXA, SHIP and MKTX, which have lately hiked their dividend payments.

5 Stocks to Watch on Recent Dividend Hikes Amid Recession Fears

MarketAxess Holdings Inc. (NASDAQ:MKTX ) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Steve Davidson - Head-Investor Relations Chris Concannon - Chief Executive Officer Rich Schiffman - Global Head-Trading Solutions Ilene Fiszel Bieler - Chief Financial Officer Conference Call Participants Chris Allen - Citigroup Patrick Moley - Piper Sandler Dan Fannon - Jefferies Kyle Voigt - KBW Alex Blostein - Goldman Sachs Benjamin Budish - Barclays Jeff Schmitt - William Blair Brian Bedell - Deutsche Bank Simon Clinch - Redburn Atlantic Michael Cyprys - Morgan Stanley Eli Abboud - Bank of America Operator Ladies and gentlemen, thank you for standing by. Welcome to the MarketAxess Second Quarter 2024 Earnings Conference Call.

MarketAxess Holdings Inc. (MKTX) Q2 2024 Earnings Call Transcript

MarketAxess' (MKTX) second-quarter earnings benefit from improved commissions. However, rising expenses and lesser trading activity of U.S. high-yield partially offset the positives.

MarketAxess (MKTX) Q2 Earnings Beat on Higher Commissions

While the top- and bottom-line numbers for MarketAxess (MKTX) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, MarketAxess (MKTX) Q2 Earnings: A Look at Key Metrics

MarketAxess (MKTX) came out with quarterly earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.63 per share a year ago.

MarketAxess (MKTX) Q2 Earnings Surpass Estimates

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 second quarter ended June 30, 2024. 2Q24 select financial and operational highlights* Total revenues of $197.7 million, up 10%, includes Pragma revenues of $7.9 million and an increase of approximately $0.3 million from the impact of foreign currency fluctuations. Strong geographic and product/protocol d.

MarketAxess Reports Second Quarter 2024 Financial Results

Evaluate the expected performance of MarketAxess (MKTX) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Seeking Clues to MarketAxess (MKTX) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics

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 July 2024.1 Chris Concannon, CEO of MarketAxess, commented: “In July, we delivered 12% growth in total credit ADV, driven by an 18% increase in U.S. high-grade, an 18% increase in Eurobonds, a 7% increase in emerging markets and a 65% increase in Mun.

MarketAxess Announces Monthly Volume Statistics for July 2024

MarketAxess' (MKTX) second-quarter earnings are expected to benefit from improved commissions and information services revenues. However, rising expenses might have offset the positives.

Will Strong Commissions Aid MarketAxess' (MKTX) Q2 Earnings?

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX) the operator of a leading electronic trading platform for fixed-income securities, will issue a press release announcing its second quarter 2024 financial results on Tuesday, August 6, 2024, before the market opens. Chris Concannon, Chief Executive Officer, Richard Schiffman, Global Head of Trading Solutions, and Ilene Fiszel Bieler, Chief Financial Officer, will host a conference call to provide a strategic update and discuss.

MarketAxess to Host Conference Call Announcing Second Quarter 2024 Financial Results on Tuesday, August 6, 2024

MarketAxess' (MKTX) total portfolio trading volume surges 142.8% year over year in the second quarter to $55 billion.

MarketAxess (MKTX) Hits High Notes in Q2 Trading Volume Surge

It released monthly and quarterly trading statistics. These revealed double-digit rises in numerous key activities.

Why MarketAxess Stock Raced Higher Today

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 June and the second quarter ended June 30, 2024.1 Chris Concannon, CEO of MarketAxess, commented: “In the second quarter, we delivered 12.4% growth in total credit ADV, driven by strength in U.S. high-grade (+13.0%), emerging markets (+23.0%), munici.

News for MarketAxess Holdings Stock (MKTX)