Added to YB: 2026-04-17
Pitch date: 2026-04-15
MKTX [neutral]
MarketAxess Holdings Inc.
+0.88%
current return
Author Info
The Diversified Fins Analyst is a former sellside & buyside equities analyst focused on diversified financials (exchanges, online brokers, trading companies, etc.). Sign up for the newsletter.
Company Info
MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer firms in the United States, the United Kingdom, and internationally.
Market Cap
$6.1B
Pitch Price
$171.99
Price Target
N/A
Dividend
1.82%
EV/EBITDA
13.10
P/E
25.76
EV/Sales
6.80
Sector
Capital Markets
Category
growth
Fixed Income Trading Platforms (MKTX) - March Metrics
MKTX (update): Record March credit ADV $19.9B (+15% M/M, +12% Y/Y); USHG $9.2B (+18% M/M, +6% Y/Y), USHY $1.8B (+24% M/M, +8% Y/Y), EM $5.2B (+27% Y/Y). Rates ADV $35.5B (+25% M/M, +23% Y/Y). 1Q26 credit FPM $132 (-5% Y/Y on mix shift), rates FPM $4.56 (+9% Y/Y). Market share gains in USHY (+88bps Y/Y to 13.4%) & munis (+67bps Y/Y to 7.1%).
Read full article (2 min)