MarketAxess to be acquired by Intercontinental Exchange
The merger combines ICE's exchange technology with MarketAxess's fixed income trading platform.
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Electronic trading platform for fixed-income securities
marketaxess.comLast updated
In short: MarketAxess achieved record Q1 2026 revenue of $233 million and hit a $2 trillion automated trading volume milestone for its Auto-X tool.
The merger combines ICE's exchange technology with MarketAxess's fixed income trading platform.
EPS of $1.93, record services revenue of $31.5M, and strong growth in portfolio trading.
Total credit trading volumes rose with records in portfolio and block trading, and U.S. high-grade market share increased to 17.9%.
Total revenue reaches record $233 million, up 12%, with 20% growth outside U.S. credit. EPS is $2.20. Trading volumes hit records across channels.
Wall Street Zen downgraded MarketAxess from a "hold" rating to a "sell" rating in a research report on Saturday.
MarketAxess Holdings (NASDAQ:MKTX) soared by 29.45 percent on Thursday to end at $162.76 apiece...
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Intercontinental Exchange has diversified its revenue streams through a series of acquisitions to build its position in mortgage technology and fixed-income. Roughly half ICE’s revenue...
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