MARKETAXESS HOLDINGS INC MKTX 85.04
Financials · NASDAQ · Data as of 2026-09-04
MARKETAXESS HOLDINGS INC (MKTX) has delivered +10.4% annualized revenue growth, +8.1% earnings growth, and +12.6% dividend growth over 10 years of data. Ranked #45 of 1968 stocks overall and #13 of 212 in the Financials sector by Steady Score.
About MARKETAXESS HOLDINGS INC
Company Overview
MarketAxess operates electronic trading platforms for institutional fixed-income markets. Investment managers, banks, broker-dealers and other firms use its systems to trade corporate bonds, emerging-market debt, eurobonds, municipal bonds, government securities and related instruments. The platform combines request-for-quote, portfolio, automated and algorithmic trading protocols with pricing data, analytics, compliance tools and post-trade services for institutional clients across roughly 90 countries worldwide.
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Business Model & Revenue
Most revenue comes from commissions on transactions executed through MarketAxess, generally linked to bond notional value and varying by product, size, yield and maturity. Data subscriptions, post-trade services and technology services provide smaller revenue streams. Under Open Trading, the company can act as matched principal between buyer and seller and earn the price difference. Revenue therefore depends on trading volume, product mix, fee schedules and participation across its client network.
Key Facts & Market Position
Open Trading allows qualified institutional investors, dealers and alternative liquidity providers to trade anonymously with a wider pool of counterparties than a traditional bilateral dealer inquiry. MarketAxess also supplies pre-trade pricing and post-trade processing around execution. The company does not generally hold directional bond inventory; matched-principal trades pair offsetting purchases and sales.