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 agreed to be acquired by Intercontinental Exchange for approximately $6 billion and reported record revenues in early 2026.
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.
MarketAxess stock is trading clearly below Intercontinental Exchange's 167 dollar cash offer, while investor-rights firms examine whether the takeover price is fair for shareholders. The...
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