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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 9/10

vs
industry
vs
history
Cash to Debt No Debt
MKTX's Cash to Debt is ranked higher than
99% of the 578 Companies
in the Global Capital Markets industry.

( Industry Median: 34.92 vs. MKTX: No Debt )
Ranked among companies with meaningful Cash to Debt only.
MKTX' s Cash to Debt Range Over the Past 10 Years
Min: N/A  Med: 10000.00 Max: No Debt
Current: No Debt

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N/A
No Debt
Equity to Asset 0.89
MKTX's Equity to Asset is ranked higher than
80% of the 579 Companies
in the Global Capital Markets industry.

( Industry Median: 0.58 vs. MKTX: 0.89 )
Ranked among companies with meaningful Equity to Asset only.
MKTX' s Equity to Asset Range Over the Past 10 Years
Min: 0.47  Med: 0.89 Max: 0.95
Current: 0.89
0.47
0.95
Interest Coverage No Debt
MKTX's Interest Coverage is ranked higher than
99% of the 486 Companies
in the Global Capital Markets industry.

( Industry Median: 124.12 vs. MKTX: No Debt )
Ranked among companies with meaningful Interest Coverage only.
MKTX' s Interest Coverage Range Over the Past 10 Years
Min: 9999.99  Med: 10000.00 Max: 9999.99
Current: No Debt
F-Score: 8
Z-Score: 63.81
M-Score: -2.53
WACC vs ROIC
6.50%
80.35%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry
vs
history
Operating margin (%) 48.80
MKTX's Operating margin (%) is ranked higher than
80% of the 610 Companies
in the Global Capital Markets industry.

( Industry Median: 13.60 vs. MKTX: 48.80 )
Ranked among companies with meaningful Operating margin (%) only.
MKTX' s Operating margin (%) Range Over the Past 10 Years
Min: 10.33  Med: 30.54 Max: 46.83
Current: 48.8
10.33
46.83
Net-margin (%) 31.69
MKTX's Net-margin (%) is ranked higher than
72% of the 616 Companies
in the Global Capital Markets industry.

( Industry Median: 11.92 vs. MKTX: 31.69 )
Ranked among companies with meaningful Net-margin (%) only.
MKTX' s Net-margin (%) Range Over the Past 10 Years
Min: 6.51  Med: 17.78 Max: 31.84
Current: 31.69
6.51
31.84
ROE (%) 26.63
MKTX's ROE (%) is ranked higher than
88% of the 633 Companies
in the Global Capital Markets industry.

( Industry Median: 5.26 vs. MKTX: 26.63 )
Ranked among companies with meaningful ROE (%) only.
MKTX' s ROE (%) Range Over the Past 10 Years
Min: 3.04  Med: 10.89 Max: 27.49
Current: 26.63
3.04
27.49
ROA (%) 23.86
MKTX's ROA (%) is ranked higher than
95% of the 644 Companies
in the Global Capital Markets industry.

( Industry Median: 1.77 vs. MKTX: 23.86 )
Ranked among companies with meaningful ROA (%) only.
MKTX' s ROA (%) Range Over the Past 10 Years
Min: 2.75  Med: 8.53 Max: 23.99
Current: 23.86
2.75
23.99
ROC (Joel Greenblatt) (%) 286.31
MKTX's ROC (Joel Greenblatt) (%) is ranked higher than
82% of the 491 Companies
in the Global Capital Markets industry.

( Industry Median: 16.20 vs. MKTX: 286.31 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
MKTX' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: 81.32  Med: 386.40 Max: 476.88
Current: 286.31
81.32
476.88
Revenue Growth (3Y)(%) 14.90
MKTX's Revenue Growth (3Y)(%) is ranked higher than
70% of the 479 Companies
in the Global Capital Markets industry.

( Industry Median: 3.90 vs. MKTX: 14.90 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
MKTX' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -48.8  Med: 8.10 Max: 20.7
Current: 14.9
-48.8
20.7
EBITDA Growth (3Y)(%) 18.50
MKTX's EBITDA Growth (3Y)(%) is ranked higher than
61% of the 361 Companies
in the Global Capital Markets industry.

( Industry Median: 9.60 vs. MKTX: 18.50 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
MKTX' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -45.8  Med: 27.50 Max: 55
Current: 18.5
-45.8
55
EPS Growth (3Y)(%) 17.80
MKTX's EPS Growth (3Y)(%) is ranked higher than
59% of the 359 Companies
in the Global Capital Markets industry.

( Industry Median: 8.20 vs. MKTX: 17.80 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
MKTX' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: 0  Med: 24.40 Max: 76
Current: 17.8
0
76
» MKTX's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q4 2014

MKTX Guru Trades in Q4 2014

PRIMECAP Management 1,003,420 sh (+14.63%)
John Keeley 6,500 sh (unchged)
Murray Stahl 5,700 sh (unchged)
Chuck Royce 109,200 sh (unchged)
RS Investment Management 480,247 sh (-39.69%)
Jim Simons 179,500 sh (-50.84%)
» More
Q1 2015

MKTX Guru Trades in Q1 2015

Murray Stahl 5,700 sh (unchged)
PRIMECAP Management 1,003,420 sh (unchged)
Chuck Royce 109,200 sh (unchged)
Jim Simons 173,100 sh (-3.57%)
John Keeley 4,700 sh (-27.69%)
RS Investment Management 278,132 sh (-42.09%)
» More
Q2 2015

MKTX Guru Trades in Q2 2015

Jim Simons 197,200 sh (+13.92%)
Murray Stahl 5,700 sh (unchged)
PRIMECAP Management 1,003,420 sh (unchged)
Chuck Royce 109,200 sh (unchged)
RS Investment Management 263,442 sh (-5.28%)
RS Investment Management 263,442 sh (-5.28%)
John Keeley 4,200 sh (-10.64%)
» More
Q3 2015

MKTX Guru Trades in Q3 2015

Ron Baron 50,017 sh (New)
RS Investment Management 405,605 sh (+53.96%)
Jim Simons 212,410 sh (+7.71%)
Murray Stahl 5,700 sh (unchged)
PRIMECAP Management 1,003,420 sh (unchged)
Chuck Royce 109,200 sh (unchged)
John Keeley Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with MKTX

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Guru Investment Theses on MarketAxess Holdings Inc

Baron Funds Comments on MarketAxess Holdings Inc. - Nov 10, 2015

MarketAxess Holdings, Inc. (NASDAQ:MKTX) operates the leading electronic platform for trading corporate bonds and other fixed-income securities. The company has dominant share with over 90% of electronic trading in the U.S. corporate bond market, which is in the early innings of a transition away from broker assisted voice-based trading to electronic. Electronic trading platforms provide a lower-cost and more efficient way to connect buyers and sellers. Just as the equities and futures markets shifted from trading floors/pits to electronic trading in the ‘80s and ‘90s, we would expect the same transition to happen in fixed-income in the coming years. With only 15% market share of the U.S. high-grade market and 6% of the U.S. high-yield market, the company is still in the early innings of penetrating its addressable market. Market share for Eurobonds is in the mid-high single digits, having doubled from a year ago. The regulatory environment for financial institutions has also reduced the appetite of large banks to take positions in bonds or trade as actively as they once did, providing tailwinds to an already attractive growth opportunity. With only 7% penetration into the $47 billion dollar global fixed-income market, we remain optimistic about the road ahead. MarketAxess is a new holding in the portfolio.From Baron Opportunity Fund's third quarter 2015 letter.



Check out Ron Baron latest stock trades

Top Ranked Articles about MarketAxess Holdings Inc

Baron Funds Comments on MarketAxess Holdings Inc. Guru stock highlight
MarketAxess Holdings, Inc. (NASDAQ:MKTX) operates the leading electronic platform for trading corporate bonds and other fixed-income securities. The company has dominant share with over 90% of electronic trading in the U.S. corporate bond market, which is in the early innings of a transition away from broker assisted voice-based trading to electronic. Electronic trading platforms provide a lower-cost and more efficient way to connect buyers and sellers. Just as the equities and futures markets shifted from trading floors/pits to electronic trading in the ‘80s and ‘90s, we would expect the same transition to happen in fixed-income in the coming years. With only 15% market share of the U.S. high-grade market and 6% of the U.S. high-yield market, the company is still in the early innings of penetrating its addressable market. Market share for Eurobonds is in the mid-high single digits, having doubled from a year ago. The regulatory environment for financial institutions has also reduced the appetite of large banks to take positions in bonds or trade as actively as they once did, providing tailwinds to an already attractive growth opportunity. With only 7% penetration into Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 43.27
MKTX's P/E(ttm) is ranked lower than
83% of the 635 Companies
in the Global Capital Markets industry.

( Industry Median: 16.84 vs. MKTX: 43.27 )
Ranked among companies with meaningful P/E(ttm) only.
MKTX' s P/E(ttm) Range Over the Past 10 Years
Min: 5.19  Med: 32.10 Max: 100.34
Current: 43.27
5.19
100.34
Forward P/E 39.68
MKTX's Forward P/E is ranked lower than
95% of the 223 Companies
in the Global Capital Markets industry.

( Industry Median: 13.16 vs. MKTX: 39.68 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 43.27
MKTX's PE(NRI) is ranked lower than
80% of the 506 Companies
in the Global Capital Markets industry.

( Industry Median: 17.40 vs. MKTX: 43.27 )
Ranked among companies with meaningful PE(NRI) only.
MKTX' s PE(NRI) Range Over the Past 10 Years
Min: 5.18  Med: 33.25 Max: 99.67
Current: 43.27
5.18
99.67
P/B 10.21
MKTX's P/B is ranked lower than
98% of the 770 Companies
in the Global Capital Markets industry.

( Industry Median: 1.22 vs. MKTX: 10.21 )
Ranked among companies with meaningful P/B only.
MKTX' s P/B Range Over the Past 10 Years
Min: 0.76  Med: 2.95 Max: 11.61
Current: 10.21
0.76
11.61
P/S 13.53
MKTX's P/S is ranked lower than
91% of the 770 Companies
in the Global Capital Markets industry.

( Industry Median: 2.83 vs. MKTX: 13.53 )
Ranked among companies with meaningful P/S only.
MKTX' s P/S Range Over the Past 10 Years
Min: 1.6  Med: 5.77 Max: 14.75
Current: 13.53
1.6
14.75
PFCF 39.03
MKTX's PFCF is ranked lower than
88% of the 318 Companies
in the Global Capital Markets industry.

( Industry Median: 13.30 vs. MKTX: 39.03 )
Ranked among companies with meaningful PFCF only.
MKTX' s PFCF Range Over the Past 10 Years
Min: 7.56  Med: 20.28 Max: 91.75
Current: 39.03
7.56
91.75
POCF 34.07
MKTX's POCF is ranked lower than
91% of the 358 Companies
in the Global Capital Markets industry.

( Industry Median: 11.31 vs. MKTX: 34.07 )
Ranked among companies with meaningful POCF only.
MKTX' s POCF Range Over the Past 10 Years
Min: 6.25  Med: 17.95 Max: 37.13
Current: 34.07
6.25
37.13
EV-to-EBIT 25.78
MKTX's EV-to-EBIT is ranked lower than
72% of the 596 Companies
in the Global Capital Markets industry.

( Industry Median: 15.15 vs. MKTX: 25.78 )
Ranked among companies with meaningful EV-to-EBIT only.
MKTX' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.2  Med: 17.00 Max: 68.4
Current: 25.78
2.2
68.4
EV-to-EBITDA 22.84
MKTX's EV-to-EBITDA is ranked lower than
74% of the 607 Companies
in the Global Capital Markets industry.

( Industry Median: 13.25 vs. MKTX: 22.84 )
Ranked among companies with meaningful EV-to-EBITDA only.
MKTX' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.4  Med: 13.90 Max: 30.7
Current: 22.84
1.4
30.7
PEG 1.60
MKTX's PEG is ranked lower than
59% of the 112 Companies
in the Global Capital Markets industry.

( Industry Median: 1.18 vs. MKTX: 1.60 )
Ranked among companies with meaningful PEG only.
MKTX' s PEG Range Over the Past 10 Years
Min: 0.49  Med: 0.86 Max: 59.95
Current: 1.6
0.49
59.95
Shiller P/E 97.24
MKTX's Shiller P/E is ranked lower than
100% of the 106 Companies
in the Global Capital Markets industry.

( Industry Median: 21.32 vs. MKTX: 97.24 )
Ranked among companies with meaningful Shiller P/E only.
MKTX' s Shiller P/E Range Over the Past 10 Years
Min: 50.13  Med: 72.26 Max: 105.66
Current: 97.24
50.13
105.66
Current Ratio 7.12
MKTX's Current Ratio is ranked higher than
73% of the 470 Companies
in the Global Capital Markets industry.

( Industry Median: 2.54 vs. MKTX: 7.12 )
Ranked among companies with meaningful Current Ratio only.
MKTX' s Current Ratio Range Over the Past 10 Years
Min: 4.11  Med: 7.41 Max: 11.36
Current: 7.12
4.11
11.36
Quick Ratio 7.12
MKTX's Quick Ratio is ranked higher than
75% of the 470 Companies
in the Global Capital Markets industry.

( Industry Median: 2.32 vs. MKTX: 7.12 )
Ranked among companies with meaningful Quick Ratio only.
MKTX' s Quick Ratio Range Over the Past 10 Years
Min: 4.11  Med: 7.41 Max: 11.36
Current: 7.12
4.11
11.36
Days Sales Outstanding 48.72
MKTX's Days Sales Outstanding is ranked higher than
52% of the 335 Companies
in the Global Capital Markets industry.

( Industry Median: 52.28 vs. MKTX: 48.72 )
Ranked among companies with meaningful Days Sales Outstanding only.
MKTX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47  Med: 66.42 Max: 76.35
Current: 48.72
47
76.35

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.75
MKTX's Dividend Yield is ranked lower than
93% of the 530 Companies
in the Global Capital Markets industry.

( Industry Median: 3.29 vs. MKTX: 0.75 )
Ranked among companies with meaningful Dividend Yield only.
MKTX' s Dividend Yield Range Over the Past 10 Years
Min: 0.46  Med: 1.04 Max: 1.78
Current: 0.75
0.46
1.78
Dividend Payout 0.31
MKTX's Dividend Payout is ranked higher than
71% of the 323 Companies
in the Global Capital Markets industry.

( Industry Median: 0.41 vs. MKTX: 0.31 )
Ranked among companies with meaningful Dividend Payout only.
MKTX' s Dividend Payout Range Over the Past 10 Years
Min: 0.2  Med: 0.31 Max: 0.5
Current: 0.31
0.2
0.5
Dividend Growth (3y) 21.10
MKTX's Dividend Growth (3y) is ranked higher than
79% of the 202 Companies
in the Global Capital Markets industry.

( Industry Median: -3.50 vs. MKTX: 21.10 )
Ranked among companies with meaningful Dividend Growth (3y) only.
MKTX' s Dividend Growth (3y) Range Over the Past 10 Years
Min: 0  Med: 0.00 Max: 84.6
Current: 21.1
0
84.6
Forward Dividend Yield 0.98
MKTX's Forward Dividend Yield is ranked lower than
93% of the 462 Companies
in the Global Capital Markets industry.

( Industry Median: 3.38 vs. MKTX: 0.98 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 4.70
MKTX's Yield on cost (5-Year) is ranked higher than
62% of the 536 Companies
in the Global Capital Markets industry.

( Industry Median: 3.50 vs. MKTX: 4.70 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
MKTX' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 3  Med: 6.78 Max: 11.61
Current: 4.7
3
11.61
3-Year Average Share Buyback Ratio 1.50
MKTX's 3-Year Average Share Buyback Ratio is ranked higher than
86% of the 316 Companies
in the Global Capital Markets industry.

( Industry Median: -1.70 vs. MKTX: 1.50 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
MKTX' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -121  Med: -3.50 Max: 1.5
Current: 1.5
-121
1.5

Valuation & Return

vs
industry
vs
history
Price/Net Cash 16.84
MKTX's Price/Net Cash is ranked lower than
72% of the 186 Companies
in the Global Capital Markets industry.

( Industry Median: 6.82 vs. MKTX: 16.84 )
Ranked among companies with meaningful Price/Net Cash only.
MKTX' s Price/Net Cash Range Over the Past 10 Years
Min: 2.89  Med: 8.78 Max: 24.88
Current: 16.84
2.89
24.88
Price/Net Current Asset Value 10.18
MKTX's Price/Net Current Asset Value is ranked lower than
78% of the 422 Companies
in the Global Capital Markets industry.

( Industry Median: 2.66 vs. MKTX: 10.18 )
Ranked among companies with meaningful Price/Net Current Asset Value only.
MKTX' s Price/Net Current Asset Value Range Over the Past 10 Years
Min: 2.27  Med: 4.78 Max: 18.64
Current: 10.18
2.27
18.64
Price/Tangible Book 10.18
MKTX's Price/Tangible Book is ranked lower than
93% of the 692 Companies
in the Global Capital Markets industry.

( Industry Median: 1.24 vs. MKTX: 10.18 )
Ranked among companies with meaningful Price/Tangible Book only.
MKTX' s Price/Tangible Book Range Over the Past 10 Years
Min: 1.67  Med: 3.18 Max: 11.74
Current: 10.18
1.67
11.74
Price/Projected FCF 2.94
MKTX's Price/Projected FCF is ranked lower than
91% of the 318 Companies
in the Global Capital Markets industry.

( Industry Median: 1.01 vs. MKTX: 2.94 )
Ranked among companies with meaningful Price/Projected FCF only.
MKTX' s Price/Projected FCF Range Over the Past 10 Years
Min: 1.14  Med: 1.56 Max: 2.65
Current: 2.94
1.14
2.65
Price/DCF (Earnings Based) 1.56
MKTX's Price/DCF (Earnings Based) is ranked higher than
53% of the 32 Companies
in the Global Capital Markets industry.

( Industry Median: 1.61 vs. MKTX: 1.56 )
Ranked among companies with meaningful Price/DCF (Earnings Based) only.
N/A
Price/Median PS Value 2.34
MKTX's Price/Median PS Value is ranked lower than
93% of the 680 Companies
in the Global Capital Markets industry.

( Industry Median: 0.94 vs. MKTX: 2.34 )
Ranked among companies with meaningful Price/Median PS Value only.
MKTX' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.38  Med: 0.98 Max: 2.11
Current: 2.34
0.38
2.11
Price/Peter Lynch Fair Value 1.85
MKTX's Price/Peter Lynch Fair Value is ranked lower than
78% of the 115 Companies
in the Global Capital Markets industry.

( Industry Median: 1.71 vs. MKTX: 1.85 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
MKTX' s Price/Peter Lynch Fair Value Range Over the Past 10 Years
Min: 0.81  Med: 1.20 Max: 5.07
Current: 1.85
0.81
5.07
Price/Graham Number 4.33
MKTX's Price/Graham Number is ranked lower than
89% of the 549 Companies
in the Global Capital Markets industry.

( Industry Median: 0.98 vs. MKTX: 4.33 )
Ranked among companies with meaningful Price/Graham Number only.
MKTX' s Price/Graham Number Range Over the Past 10 Years
Min: 0.57  Med: 2.19 Max: 4.53
Current: 4.33
0.57
4.53
Earnings Yield (Greenblatt) (%) 3.86
MKTX's Earnings Yield (Greenblatt) (%) is ranked lower than
52% of the 604 Companies
in the Global Capital Markets industry.

( Industry Median: 4.10 vs. MKTX: 3.86 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
MKTX' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 1.5  Med: 5.90 Max: 45.6
Current: 3.86
1.5
45.6
Forward Rate of Return (Yacktman) (%) 25.16
MKTX's Forward Rate of Return (Yacktman) (%) is ranked higher than
81% of the 165 Companies
in the Global Capital Markets industry.

( Industry Median: 10.88 vs. MKTX: 25.16 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
MKTX' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -12.4  Med: 31.70 Max: 46.8
Current: 25.16
-12.4
46.8

More Statistics

Revenue(Mil) $303
EPS $ 2.46
Beta0.51
Short Percentage of Float4.71%
52-Week Range $77.46 - 117.03
Shares Outstanding(Mil)37.29

Analyst Estimate

Dec15 Dec16
Revenue(Mil) 301 323
EPS($) 2.49 2.69
EPS without NRI($) 2.49 2.69

Latest Earnings Webcast

» More Conference Calls

Business Description

Industry: Brokers & Exchanges » Capital Markets
Compare:PJC, SIEB, GHL, GS, SF » details
Traded in other countries:MWI.Germany,
MarketAxess Holdings Inc was incorporated in the State of Delaware on April 11, 2000. The Company together with its subsidiaries operates an electronic trading platform for corporate bonds and certain other types of fixed-income instruments through which the Companys institutional investor clients can access the liquidity provided by its broker-dealer clients. The company offers its broker-dealer clients a solution that enables them to efficiently reach its institutional investor clients for the distribution and trading of bonds. The companys multi-dealer trading platform allows its institutional investor clients to simultaneously request competitive, executable bids or offers from multiple broker-dealers, and to execute trades with the broker-dealer of their choice. The company offers its clients the ability to trade U.S. high-grade corporate bonds, European high-grade corporate bonds, credit default swaps, agencies, high yield and emerging markets bonds. Through its Corporate BondTicker(tm) service, the company provides fixed-income market data; analytics and compliance tools that help its clients make trading decisions. In addition, it provides FIX (Financial Information eXchange) message management tools, connectivity solutions and ancillary technology services that facilitate the electronic communication of order information between trading counterparties. Its multi-dealer trading platform allows its institutional investor clients to simultaneously request competing, executable bids or offers from its broker-dealer clients and executes trades with the broker-dealer of their choice from among those that choose to respond. The Company offers its broker-dealer clients a solution that enables them to efficiently reach its institutional investor clients for the distribution and trading of bonds. It offers Application Programming Interface (API) services to its broker-dealer clients for pre-trade, trade negotiation and post-trade services. The majority of its revenues are derived from monthly distribution fees and commissions for trades executed on its platform that are billed to its broker-dealer clients on a monthly basis. The Company also derives revenues from information and post-trade services, technology products and services, investment income and other income. The company faces five main areas of competition: Telephone, E-mail, Other electronic trading platform, Market data and information vendors and Technology vendors. The companys industry has been and is subject to continuous regulatory changes and may become subject to new regulations or changes in the interpretation or enforcement of existing regulations, which could require it to incur considerable costs.
» More Articles for MKTX

Headlines

Articles On GuruFocus.com
Baron Funds Comments on MarketAxess Holdings Inc. Nov 10 2015 
Five Growth Stocks at Reasonable Prices Feb 18 2013 
MarketAxess Holdings Inc. Reports Operating Results (10-K) Feb 24 2011 
MarketAxess Holdings Inc. (MKTX) Chairman & CEO Richard M Mcvey sells 80,000 Shares Nov 12 2010 
MarketAxess Holdings Inc. Reports Operating Results (10-Q) Jul 30 2010 
MarketAxess Holdings Inc. Reports Operating Results (10-Q) Apr 30 2010 
MarketAxess Holdings Inc. Reports Operating Results (10-Q) Oct 30 2009 
MarketAxess Holdings Inc. Reports Operating Results (10-Q) Jul 30 2009 
MarketAxess Holdings Inc. Reports Operating Results (10-Q) May 01 2009 

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Insiders Selling Shares of 3 Strong Performing Stocks Amid Market Turbulence Feb 05 2016
MarketAxess Announces Monthly Volume Statistics for January 2016 Feb 02 2016
A Quick Review of January Jan 29 2016
MarketAxess Holdings, Inc. Earnings Analysis: Q4, 2015 By the Numbers Jan 28 2016
MarketAxess (MKTX) Tops Q4 Earnings on Higher Revenues Jan 28 2016
MarketAxess Announces Record Emerging Market Trading Volumes in 2015 Jan 28 2016
MarketAxess Announces Record Emerging Market Trading Volumes in 2015 Jan 28 2016
MarketAxess Holdings, Inc. breached its 50 day moving average in a Bullish Manner : January 28, 2016 Jan 28 2016
Edited Transcript of MKTX earnings conference call or presentation 27-Jan-16 3:00pm GMT Jan 27 2016
Q4 2015 Marketaxess Holdings Inc Earnings Release - Before Market Open Jan 27 2016
MarketAxess Reports Fourth Quarter 2015 Revenues of $76.6 Million, Pre-Tax Income of $37.0 Million... Jan 27 2016
MARKETAXESS HOLDINGS INC Files SEC form 8-K, Results of Operations and Financial Condition, Other... Jan 27 2016
MarketAxess posts 4Q profit Jan 27 2016
MarketAxess posts 4Q profit Jan 27 2016
MarketAxess Reports Fourth Quarter 2015 Revenues of $76.6 Million, Pre-Tax Income of $37.0 Million... Jan 27 2016
MARKETAXESS HOLDINGS INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial... Jan 25 2016
Should You Buy MarketAxess Holdings (MKTX) Ahead of Earnings? Jan 25 2016
Traiana and Trax Form Business Alliance to Offer Repo Matching Service Jan 21 2016

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