MKTX has been in the news 1200% more than usual
Nov 06, 2024, 1:30 PM
-12.61%
What does MKTX do
MarketAxess Holdings operates an electronic trading platform for corporate bonds and fixed-income instruments, headquartered in New York City with 881 employees. It offers Open Trading, diverse trading solutions, and comprehensive post-trade services.
MKTX has been in the news recently: MarketAxess Holdings Inc. reported a 20% increase in revenue to $206.7 million and a 30% rise in diluted EPS to $1.90 for Q3 2024. Founder Rick McVey will retire at the end of the year, with Carlos Hernandez set to take over as Chairman on January 1, 2025.
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