MarketAxess Holdings Inc. (MKTX)

Over the past six months, MarketAxess Holdings Inc. stock has experienced fluctuations, closing at $167.55 on October 27, 2025. Key events impacting the stock include record trading volumes in April and June, the introduction of Mid-X in US Credit and enhancements to its Dealer RFQ protocol in August, and the launch of Axess IQ Connect in September. Several analysts adjusted their price targets and ratings for MKTX in October, and insider selling activity was reported in September 2025.

The demand for MarketAxess's products and services is influenced by global economic, political, and market factors. Increased market volatility can drive higher trading volumes. Trading volumes and associated revenues can fluctuate based on overall market activity, interest rate environments, and new bond issuance levels. The company's revenue is primarily derived from monthly trading commissions, financial information services, and post-trade services.

MarketAxess Holdings Inc. operates electronic trading platforms for institutional credit markets, enhancing trading efficiency and liquidity in global fixed-income markets. The company offers trading technology for various fixed-income securities and provides pre- and post-trade services, including market data, regulatory reporting, and technology services. Key offerings include Open Trading protocols and data products like CP+ and Axess All.

MarketAxess has a global presence, serving clients in the Americas, Europe, Latin America, and Asia. The company is headquartered in New York City, U.S., and maintains offices in various locations including London, Amsterdam, Boston, São Paulo, Chicago, Los Angeles, Miami, Switzerland, Paris, Frankfurt, Singapore, and Hong Kong.

In the past year, MarketAxess has maintained a reputation for innovation and expanding its offerings in the electronic fixed-income trading space. This is due to new product launches and enhancements, such as Axess IQ Connect and Mid-X in US Credit, partnerships like the one with FactSet, its market leadership in electronic trading of U.S. corporate bonds, and executive appointments.

MarketAxess Holdings Inc. has significant institutional ownership, with 99.01% of the stock owned by institutional investors and hedge funds. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Fmr Llc, T. Rowe Price Investment Management, Inc., Van Eck Associates Corp, State Street Corp, and Guardcap Asset Management Ltd.