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BALA CYNWYD, Pa., Sept. 09, 2026 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.

Halper Sadeh LLC, an investor rights law firm, is investigating the sale of MarketAxess Holdings Inc. (NASDAQ: MKTX) to Intercontinental Exchange, Inc. for $167.00 per share in cash.

Halper Sadeh encourages MarketAxess shareholders to click here to learn more about their rights and optionsor contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected].

The investigation concerns whether MarketAxess and its board of directors violated the federal securities laws and/or breached their fiduciary duties by failing to: (1) obtain the best possible price for MarketAxess shareholders; (2) conduct a fair sales process free of any conflicts of interests; and (3) disclose all material information for MarketAxess shareholders to evaluate the transaction.

On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief and benefits.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260905786839/en/

Key Takeaways MarketAxess is diversifying beyond U.S. credit as international markets and new trading protocols expand.MKTX's revenues outside U.S. credit rose 9%, offsetting a 9% decline in U.S. credit commission revenues.MarketAxess faces risks from trading volumes, investment costs and a forward P/E above the industry average. MarketAxess Holdings Inc. (MKTX - Free Report) is a leading multi-dealer electronic trading platform that provides institutional investors with access to global liquidity across products including U.S. high-grade and high-yield corporate bonds, emerging markets, Eurobonds and other fixed-income securities.

MarketAxess’ growth is driven by strong trading volumes, international expansion, new trading protocols, strategic acquisitions and partnerships, and robust cash generation that support continued investment and shareholder returns. Over the past three months, shares of MKTX have gained 35%, outperforming the industry’s 7.1% growth. MKTX currently carries a Zacks Rank #3 (Hold).

Where Do Estimates for MKTX Stand?The Zacks Consensus Estimate for MKTX’s 2026 earnings is pegged at $8.06 per share, indicating a 9.1% year-over-year rise, which has remained stable over the past seven days. The consensus mark for revenues is pegged at $896.57 million for 2026, implying a 5.9% year-over-year increase. MKTX beat earnings estimates in each of the past four quarters, with an average surprise of 4.6%.

MarketAxess Holdings Inc. Price, Consensus and EPS SurpriseMKTX’s Growth DriversMarketAxess’ continued expansion beyond its core U.S. credit business represents an important growth factor, as international markets and newer electronic trading protocols are helping diversify revenue growth. In the second quarter of 2026, revenues outside U.S. credit increased 9%, while strong activity in emerging markets and alternative trading channels supported continued expansion. However, overall revenues remained relatively flat year over year and U.S. credit commission revenues declined 9%, highlighting the importance of diversification in offsetting weakness in the company’s traditional U.S. credit business.

MarketAxess’ continued investment in platform innovation, proprietary data and AI is an important growth factor because it can improve trading efficiency, execution quality and client experience. The enhanced X-Pro front end and ongoing technology modernization support a more scalable platform, while MarketAxess’ proprietary data provides a strong foundation for AI-driven analytics. Its global network generated more than $5 trillion of notional inquiry information and $34 trillion of notional response information in 2025, giving the company a differentiated data asset that can support further development of analytics and trading solutions.

MarketAxess is also expanding its platform capabilities into new electronic trading and connectivity opportunities, creating additional avenues for future growth. The RFQ Hub acquisition strengthens its technology and connectivity capabilities, while the DirectBooks partnership supports the development of an integrated new-issue trading solution. These initiatives broaden the functionality of the platform and allow MarketAxess to capture trading activity beyond its established markets.

MKTX maintains a strong financial position, supported by substantial cash reserves and healthy profitability. It concluded second-quarter 2026 with $245.8 million in cash and cash equivalents, coupled with minimal operating lease liabilities of $63 million. Profitability also remains healthy. Its trailing 12-month return on equity (ROE) is 22.5%, well above the industry average of 14.1%. This reflects efficient use of shareholder capital.

MKTX’s Key RisksThere are some factors, however, which investors should keep an eye on.

MarketAxess’ performance remains sensitive to institutional fixed-income trading activity. Lower volatility, tighter spreads or subdued market volumes could reduce transaction-based revenues. The company continues investing in technology, automation and platform development, which could increase costs and pressure margins. Though second-quarter 2026 showed expense discipline, with total expenses rising only 1% year over year, sustained investment requirements could continue to weigh on profitability.

The company’s valuation also remains relatively elevated. MarketAxess currently has a forward 12-month P/E of 19.08X, above the industry average of 13.81X, leaving less room for disappointment if growth or profitability falls short of expectations.

Key PicksSome better-ranked stocks in the broader Finance space are Morgan Stanley (MS - Free Report) and The Goldman Sachs Group, Inc. (GS - Free Report) , both sporting a Zacks Rank #1 (Strong Buy) at present, and JPMorgan Chase & Co. (JPM - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Morgan Stanley’s 2026 earnings is pegged at $12.79 per share, which has witnessed eight upward revisions in the past 60 days, with no movement in the opposite direction. MS beat earnings estimates in each of the trailing four quarters, with the average surprise being 19.4%. The consensus estimate for 2026 revenues is pinned at $81.87 billion, implying 15.9% year-over-year growth.

The Zacks Consensus Estimate for Goldman Sachs’s 2026 earnings is pegged at $68.89 per share, which has witnessed seven upward revisions in the past 60 days, with no movement in the opposite direction. GS beat earnings estimates in each of the trailing four quarters, with the average surprise being 20.4%. The consensus estimate for 2026 revenues is pinned at $70.58 billion, implying 21.1% year-over-year growth.

The Zacks Consensus Estimate for JPMorgan’s 2026 earnings is pegged at $24.93 per share, which has witnessed six upward revisions in the past 60 days, with no movement in the opposite direction. JPM beat earnings estimates in each of the trailing four quarters, with the average surprise being 7.3%. The consensus estimate for 2026 revenues is pinned at $206.63 billion, implying 13.3% year-over-year growth.

Caisse de depot et placement du Quebec bought a new position in MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) in the second quarter, according to its most recent filing with the SEC. The firm bought 23,004 shares of the financial services provider’s stock, valued at approximately $2,611,000. Caisse de depot et placement du Quebec owned approximately 0.07% of MarketAxess as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in MarketAxess in the 2nd quarter worth $453,941,000. Primecap Management Co. CA purchased a new stake in MarketAxess during the 2nd quarter valued at about $397,772,000. AQR Capital Management LLC grew its stake in MarketAxess by 169.0% during the 4th quarter. AQR Capital Management LLC now owns 2,558,097 shares of the financial services provider’s stock valued at $463,655,000 after purchasing an additional 1,607,009 shares during the last quarter. North Reef Capital Management LP increased its holdings in shares of MarketAxess by 16.5% in the first quarter. North Reef Capital Management LP now owns 1,875,000 shares of the financial services provider’s stock valued at $309,338,000 after purchasing an additional 265,670 shares during the period. Finally, State Street Corp increased its holdings in shares of MarketAxess by 4.6% in the second quarter. State Street Corp now owns 1,532,696 shares of the financial services provider’s stock valued at $342,312,000 after purchasing an additional 67,290 shares during the period. Hedge funds and other institutional investors own 99.01% of the company’s stock.

MarketAxess Stock Performance MKTX opened at $162.72 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.85 and a quick ratio of 1.85. The firm has a fifty day moving average price of $136.14 and a 200 day moving average price of $150.83. MarketAxess Holdings Inc. has a 1 year low of $108.75 and a 1 year high of $195.96. The stock has a market cap of $5.73 billion, a P/E ratio of 19.19, a P/E/G ratio of 2.07 and a beta of 0.83.

MarketAxess (NASDAQ:MKTX – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.10. MarketAxess had a net margin of 35.22% and a return on equity of 22.48%. The firm had revenue of $218.41 million for the quarter, compared to the consensus estimate of $216.70 million. During the same period in the prior year, the firm posted $2.00 earnings per share. The firm’s quarterly revenue was down .5% compared to the same quarter last year. Equities research analysts anticipate that MarketAxess Holdings Inc. will post 8.06 earnings per share for the current year. MarketAxess Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be paid a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Wednesday, August 19th. MarketAxess’s dividend payout ratio is presently 36.79%.

Wall Street Analysts Forecast Growth Several brokerages recently weighed in on MKTX. Piper Sandler cut their price target on shares of MarketAxess from $175.00 to $128.00 and set a “neutral” rating on the stock in a report on Wednesday, July 15th. Rothschild & Co Redburn restated a “neutral” rating and set a $134.00 price objective (down from $189.00) on shares of MarketAxess in a research note on Thursday, June 11th. Morgan Stanley dropped their price objective on shares of MarketAxess from $195.00 to $129.00 and set an “equal weight” rating on the stock in a report on Friday, July 10th. Weiss Ratings reiterated a “sell (d+)” rating on shares of MarketAxess in a research note on Monday, August 3rd. Finally, Benchmark reissued a “buy” rating on shares of MarketAxess in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, MarketAxess has a consensus rating of “Hold” and a consensus target price of $156.10.

Check Out Our Latest Stock Report on MKTX

About MarketAxess (Free Report)

MarketAxess Holdings Inc operates a leading global electronic trading platform specializing in fixed-income securities and related products. The company’s network enables institutional investors and broker-dealers to trade corporate bonds, municipal securities, emerging markets debt, U.S. Treasuries and credit default swaps in an automated, multi-dealer environment. MarketAxess also offers portfolio trading, data analytics, best-execution tools and post-trade services to streamline workflows and enhance price discovery across its marketplace.

In addition to core voice-like trading protocols, MarketAxess provides Open Trading®, an anonymous, all-to-all trading protocol designed to improve liquidity and transaction efficiency.

Recommended Stories Five stocks we like better than MarketAxess From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash Venture Into High-Volatility Corners of the Market With These 3 ETFs 3 Retail Stocks to Watch After a Big Consumer Earnings Week

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Posted by Defense World Staff on Aug 13th, 2026

Bank of America Corp DE lifted its stake in shares of MarketAxess Holdings Inc. (NASDAQ:MKTX – Free Report) by 32.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 263,858 shares of the financial services provider’s stock after acquiring an additional 64,627 shares during the period. Bank of America Corp DE owned approximately 0.74% of MarketAxess worth $43,531,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MKTX. Ancora Advisors LLC boosted its holdings in shares of MarketAxess by 1.9% in the 3rd quarter. Ancora Advisors LLC now owns 3,522 shares of the financial services provider’s stock worth $614,000 after purchasing an additional 67 shares in the last quarter. Orion Porfolio Solutions LLC increased its position in shares of MarketAxess by 1.7% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 4,203 shares of the financial services provider’s stock valued at $939,000 after purchasing an additional 69 shares during the last quarter. Krilogy Financial LLC raised its holdings in shares of MarketAxess by 1.0% during the 1st quarter. Krilogy Financial LLC now owns 7,884 shares of the financial services provider’s stock valued at $1,368,000 after buying an additional 77 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of MarketAxess by 200.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 120 shares of the financial services provider’s stock valued at $26,000 after buying an additional 80 shares in the last quarter. Finally, Maryland State Retirement & Pension System lifted its position in MarketAxess by 1.1% in the 4th quarter. Maryland State Retirement & Pension System now owns 7,181 shares of the financial services provider’s stock worth $1,302,000 after buying an additional 81 shares during the last quarter. 99.01% of the stock is currently owned by hedge funds and other institutional investors.

MarketAxess Stock Performance Shares of MKTX stock opened at $162.60 on Thursday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.17 and a current ratio of 2.17. MarketAxess Holdings Inc. has a fifty-two week low of $108.75 and a fifty-two week high of $195.96. The stock has a 50 day moving average price of $125.76 and a two-hundred day moving average price of $151.07. The company has a market capitalization of $5.72 billion, a P/E ratio of 19.17, a PEG ratio of 4.12 and a beta of 0.83.

MarketAxess (NASDAQ:MKTX – Get Free Report) last issued its earnings results on Thursday, July 30th. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.85 by $0.10. The firm had revenue of $218.41 million for the quarter, compared to analysts’ expectations of $216.70 million. MarketAxess had a net margin of 35.22% and a return on equity of 22.48%. The business’s revenue was down .5% on a year-over-year basis. During the same quarter last year, the business earned $2.00 earnings per share. Analysts expect that MarketAxess Holdings Inc. will post 8.05 earnings per share for the current year.

MarketAxess Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be paid a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Wednesday, August 19th. MarketAxess’s dividend payout ratio is 36.79%.

Wall Street Analyst Weigh In Several analysts have issued reports on the company. Wall Street Zen lowered MarketAxess from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. Morgan Stanley cut their price objective on shares of MarketAxess from $195.00 to $129.00 and set an “equal weight” rating for the company in a research note on Friday, July 10th. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $134.00 target price (down from $189.00) on shares of MarketAxess in a report on Thursday, June 11th. Benchmark reiterated a “buy” rating on shares of MarketAxess in a research report on Wednesday, July 8th. Finally, UBS Group cut shares of MarketAxess from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $200.00 to $167.00 in a research report on Friday, July 31st. One analyst has rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, MarketAxess currently has a consensus rating of “Hold” and an average target price of $156.10.

Read Our Latest Research Report on MarketAxess

MarketAxess Company Profile (Free Report)

MarketAxess Holdings Inc operates a leading global electronic trading platform specializing in fixed-income securities and related products. The company’s network enables institutional investors and broker-dealers to trade corporate bonds, municipal securities, emerging markets debt, U.S. Treasuries and credit default swaps in an automated, multi-dealer environment. MarketAxess also offers portfolio trading, data analytics, best-execution tools and post-trade services to streamline workflows and enhance price discovery across its marketplace.

In addition to core voice-like trading protocols, MarketAxess provides Open Trading®, an anonymous, all-to-all trading protocol designed to improve liquidity and transaction efficiency.

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MONSEY, N.Y., Aug. 06, 2026 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of MarketAxess Holdings Inc. (Nasdaq: MKTX) (“MarketAxess”) to Intercontinental Exchange, Inc. (“ICE”), pursuant to which MarketAxess shareholders will receive $167.00 per share in cash.

Notably, the $167.00 per share sale price sits well below MarketAxess’ 52-week high of $200.90 per share, which may indicate an opportunistic purchase. Indeed, on July 8, 2026, UBS analyst Alex Kramm announced a price target of $200.00 per share for MarketAxess.

Additionally, on Seeking Alpha, several shareholders have expressed concerns about the price. One shareholder asserted that “accepting ICE’s low ball bid is indefensible.” A different shareholder complained that “management is stealing from shareholders by selling the company down in the hole.” Yet another claimed, “Selling it for a song.”

If you remain a MarketAxess shareholder and have concerns about the fairness of the proposed sale, you may contact our firm at the following link to discuss your legal rights at no charge:

https://wohlfruchter.com/cases/marketaxess/

Alternatively, you may contact us by phone at 866-833-6245, or via email at [email protected].

“We are investigating whether the MarketAxess Board of Directors acted in the best interests of MarketAxess shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the cash consideration agreed upon is fair to MarketAxess shareholders in light of the stock's recent trading history, and whether all material information regarding the transaction has been fully disclosed. We encourage MarketAxess stockholders to contact us if they have any concerns.”

About Wohl & Fruchter

Wohl & Fruchter LLP has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

Contact:
Wohl & Fruchter LLP
Joshua E. Fruchter
Toll Free 866.833.6245
[email protected]
www.wohlfruchter.com

NEW YORK, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating

Forte Biosciences, Inc. (NASDAQ: FBRX) related to its sale to argenx BV. Under the terms of the proposed transaction, Forte Biosciences shareholders are expected to receive $77.00 per share in cash. Click here for more info https://monteverdelaw.com/case/forte-biosciences-inc/. It is free and there is no cost or obligation to you.

Luxfer Holdings PLC (NYSE: LXFR) related to its sale to affiliates of Wynnchurch Capital L.P. Under the terms of the proposed transaction, Luxfer shareholders are expected to receive $17.37 per share in cash. Click here for more information https://monteverdelaw.com/case/luxfer-holdings-plc/. It is free and there is no cost or obligation to you.

Sanara MedTech Inc. (NASDAQ: SMTI) related to its sale to MiMedx Group, Inc. Under the terms of the proposed transaction, Sanara shareholders are expected to receive $33.00 in cash and 0.4735 shares of MiMedx common stock for each share of Sanara common stock. Click here for more information https://monteverdelaw.com/case/sanara-medtech-inc/. It is free and there is no cost or obligation to you.

MarketAxess Holdings Inc. (NASDAQ: MKTX) related to its sale to Intercontinental Exchange, Inc. Under the terms of the proposed transaction, MarketAxess shareholders are expected to receive $167.00 per share in cash. Click here for more info https://monteverdelaw.com/case/marketaxess-holdings-inc/. It is free and there is no cost or obligation to you.

NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

Do you file class actions and go to Court?When was the last time you recovered money for shareholders?What cases did you recover money in and how much? About Monteverde & Associates PC

Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

No company, director or officer is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2026 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

-

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of MarketAxess Holdings Inc. (NasdaqGS: MKTX) to Intercontinental Exchange, Inc. (NYSE: ICE). Under the terms of the proposed transaction, shareholders of MarketAxess will receive $167.00 in cash for each share of MarketAxess that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at (833) 538-3612, or visit https://www.ksfcounsel.com/cases/nasdaqgs-mktx/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, Aug. 3, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor.

Key Takeaways MKTX stock soared after it agreed to a roughly $6 billion all-cash acquisition by ICE at $167 per share.ICE aims to expand fixed-income trading through MarketAxess' electronic bond platform.ICE and MKTX both reported second-quarter earnings that exceeded the consensus estimate. MarketAxess Holdings Inc. (MKTX - Free Report) emerged as one of Wall Street's biggest winners on July 30 after announcing that it has agreed to be acquired by Intercontinental Exchange, Inc. (ICE - Free Report) in an all-cash transaction valued at approximately $6 billion. The deal, which offers MarketAxess shareholders $167 per share in cash, represents a premium of roughly 33% over the company's previous closing price. Investors welcomed the acquisition, sending MarketAxess’ shares soaring 29.5% in the session as the offer significantly exceeded the stock's pre-announcement trading level.

The acquisition strengthens Intercontinental Exchange's presence in the fixed-income trading market, expanding beyond its established businesses in exchanges, clearing houses and financial data services. MarketAxess operates one of the world's leading electronic trading platforms for corporate bonds and other fixed-income securities, making it a strategic addition to ICE's portfolio. The combination is expected to enhance ICE's capabilities in electronic bond trading while broadening its reach across global capital markets. The transaction is subject to customary regulatory approvals and is expected to close later this year.

Intercontinental Exchange’s shares also advanced 1.3% following the announcement, as investors looked beyond the acquisition cost and focused on the company's broader capital allocation strategy and financial performance. Alongside the deal, both ICE and MKTX reported quarterly earnings before markets opened on July 30.

MKTX & ICE Deliver Better-Than-Expected Q2 ResultsICE reported second-quarter 2026 adjusted earnings of $1.90 per share, which rose 5% year over year and beat the Zacks Consensus Estimate by 3.26%. Net revenues of $2.67 billion increased 4.8% and beat the consensus mark by 1.51%. MKTX also came out with quarterly earnings of $1.95 per share for the same quarter, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $2 per share a year ago. It posted revenues of $218.4 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.5%. This compares to year-ago revenues of $219.5 million.

Comparison With Peers

MKTX, which currently carries a Zacks Rank #3 (Hold), is part of the Zacks Financial - Investment Bank industry. Its shares have fallen 10.2% year to date against a 7.1% advance for the industry. The PNC Financial Services Group, Inc. (PNC - Free Report) and Nomura Holdings, Inc. (NMR - Free Report) , two of MKTX’s peers from the same industry, have gained 19.2% and 13.9% in the same period, respectively. While PNC also carries a Zacks Rank #3, NMR boasts a Rank #1 (Strong Buy). ICE, which carries a Rank #4 (Sell), has lost 3.4% of its value year to date. You can see the complete list of today’s Zacks #1 Rank stocks here.

Bottom LineThe acquisition marks one of the largest exchange-industry deals in recent years and underscores the growing importance of technology-driven trading platforms in global financial markets. For investors, the sharp rally in MarketAxess and the positive reaction in ICE reflected confidence that the transaction could create long-term value while strengthening ICE's competitive position in the evolving market infrastructure landscape.

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Ademi LLP is investigating MarketAxess (Nasdaq: MKTX) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Intercontinental Exchange, Inc.

Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.

MarketAxess shareholders will receive $167 per share in cash, valuing MarketAxess at an equity value of approximately $6.0 billion and a total enterprise value of approximately $5.7 billion. MarketAxess insiders will receive substantial benefits as part of change of control arrangements.

The transaction agreement unreasonably limits competing transactions for MarketAxess by imposing a significant penalty if MarketAxess accepts a competing bid. We are investigating the conduct of the MarketAxess board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

SOURCE Ademi LLP

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, /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating MarketAxess Holdings Inc. (NASDAQ: MKTX) related to its sale to Intercontinental Exchange, Inc. Under the terms of the proposed transaction, MarketAxess shareholders are expected to receive $167.00 per share in cash. Is it a fair deal?

Click here for more info https://monteverdelaw.com/case/marketaxess-holdings-inc/. It is free and there is no cost or obligation to you.

NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:

Do you file class actions and go to Court? When was the last time you recovered money for shareholders? What cases did you recover money in and how much? About Monteverde & Associates PC

Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2026 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

SOURCE Monteverde & Associates PC

MarketAxess (MKTX - Free Report) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $2 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +3.72%. A quarter ago, it was expected that this operator of bond trading platforms would post earnings of $2.15 per share when it actually produced earnings of $2.25, delivering a surprise of +4.65%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

MarketAxess, which belongs to the Zacks Financial - Investment Bank industry, posted revenues of $218.42 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.49%. This compares to year-ago revenues of $219.46 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

MarketAxess shares have lost about 30.6% since the beginning of the year versus the S&P 500's gain of 6.9%.

What's Next for MarketAxess?While MarketAxess has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for MarketAxess was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.95 on $221.04 million in revenues for the coming quarter and $8.01 on $897.45 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Investment Bank is currently in the top 9% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the broader Zacks Finance sector, Federal Realty Investment Trust (FRT - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 31.

This real estate investment trust is expected to post quarterly earnings of $1.85 per share in its upcoming report, which represents a year-over-year change of -3.1%. The consensus EPS estimate for the quarter has been revised 0.2% lower over the last 30 days to the current level.

Federal Realty Investment Trust's revenues are expected to be $333.5 million, up 7.1% from the year-ago quarter.

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced a definitive agreement to acquire MarketAxess Holdings Inc. (Nasdaq: MKTX), a preeminent electronic trading platform for global institutional fixed income markets. The combination will bring together two highly complementary businesses to form a more complete and connected fixed income plat.

Chair and CEO of Intercontinental Exchange Jeff Sprecher speaks during the FIA Global Cleared Markets Conference Boca 2026, in Boca Raton, Florida, U.S., March 11, 2026. REUTERS/Marco Bello Purchase Licensing Rights, opens new tab

CompaniesJuly 30 (Reuters) - Intercontinental Exchange (ICE.N), opens new tab said on Thursday it will acquire bond trading platform MarketAxess Holdings (MKTX.O), opens new tab in a deal valued at $5.7 billion to ​expand fixed-income offerings.

ICE shares were up 1.7% before the bell, after ‌it also reported higher quarterly profit, boosted by trading activity.

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Under the terms of the acquisition, ICE will buy all outstanding shares of the trading platform for $167 each in cash, the ​exchange operator said, which is a 33% premium to its previous closing ​price.

MarketAxess shares jumped 28% premarket, after having lost nearly 31% this ⁠year.

ICE said the combined entity will offer a single platform for fixed-income traders, ​combining pre-trade price analytics, electronic execution and post-trade compliance tools.

"Together, we will build ​the fixed-income ecosystem that investors have always deserved - one that is transparent, efficient, fully connected, and accessible to all," ICE CEO Jeff Sprecher said in a statement.

ROBUST RESULTSICE's results were boosted ​by volatility from the U.S.-Iran war and shifting interest rate and AI ​expectations, as investors hedged.

Prolonged conflicts in Ukraine and the Middle East also drove oil-market volatility, fueling ‌growth ⁠in ICE's energy segment, though the second quarter saw a 13% revenue drop in the segment.

That hedging pushed interest rates average daily volume up 24% year over year, while agriculture and metals volumes rose 36%.

In the quarter, revenue in its ​exchanges segment, its ​biggest revenue generator, ⁠rose 3% to $1.46 billion.

The fixed-income and data services segment, through which it sells subscription-based pricing data for certain debt assets, ​posted an 8% jump in revenue. Mortgage technology revenue was ​up 5%.

"Against ⁠a backdrop of rapid change in global markets, our customers continued to turn to ICE's regulated markets, trusted data and mission-critical technology to transfer risk," Sprecher said.

Net ⁠income attributable ​to ICE came in at $958 million, or $1.69 per ​share, in the three months ended June 30, compared with $851 million, or $1.48 per share, in the ​year earlier.

Reporting by Pritam Biswas in Bengaluru; Editing by Joyjeet Das and Vijay Kishore

Our Standards: The Thomson Reuters Trust Principles., opens new tab

In this article

ICE

MKTX

Intercontinental Exchange, the owner of the New York Stock Exchange, agreed to buy MarketAxess for $6 billion. (Courtesy NYSE)

Intercontinental Exchange, the owner of the New York Stock Exchange, is getting even bigger with its $6 billion purchase of MarketAxess, an electronic platform for fixed-income markets.

Investors looking for stocks in the Financial - Investment Bank sector might want to consider either Nomura Holdings (NMR - Free Report) or MarketAxess (MKTX - Free Report) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.

Right now, Nomura Holdings is sporting a Zacks Rank of #2 (Buy), while MarketAxess has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that NMR likely has seen a stronger improvement to its earnings outlook than MKTX has recently. However, value investors will care about much more than just this.

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.

The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.

NMR currently has a forward P/E ratio of 12.19, while MKTX has a forward P/E of 14.31. We also note that NMR has a PEG ratio of 2.80. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. MKTX currently has a PEG ratio of 3.08.

Another notable valuation metric for NMR is its P/B ratio of 1.12. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, MKTX has a P/B of 3.39.

These are just a few of the metrics contributing to NMR's Value grade of A and MKTX's Value grade of C.

NMR has seen stronger estimate revision activity and sports more attractive valuation metrics than MKTX, so it seems like value investors will conclude that NMR is the superior option right now.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MKTX over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced trading volume and preliminary variable transaction fees per million (“FPM”) for June 2026 and second quarter 2026 ended June 30, 2026.1 Trading Records for Second Quarter 2026 Total portfolio trading ADV U.S. high-grade portfolio trading ADV U.S. high-yield portfolio trading ADV Municipal bonds portfolio trading ADV Mid-X ADV Se.

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New data solution enhances usability, transparency and decision-making amid UK and EU transparency reforms

LONDON--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX) today announced the launch of TraX® Tape, a data solution that delivers a clean, consolidated view of bond market activity, enriched with additional context and real-time insights.

Built on MarketAxess TraX data, TraX Tape aggregates data from a global network of dealers and clients and applies proprietary data cleansing processes refined over 10 years.

Share The launch comes as UK and EU transparency reforms increase the availability of bond trading data while adding complexity to how that data is reported and interpreted. TraX Tape addresses these challenges by providing a single, standardised feed that consolidates and enhances market data, enabling clients to interpret trading activity more efficiently and with greater confidence.

“Market participants have more data than ever but turning that data into actionable insight remains a challenge,” said Dean Berry, Group COO and CEO of EMEA & APAC at MarketAxess. “TraX Tape is designed to deliver a clearer and more complete view of market activity, helping clients make more informed trading decisions.”

Built on MarketAxess TraX data, TraX Tape aggregates data from a global network of dealers and clients and applies proprietary data cleansing processes refined over 10 years. The solution then enriches the regulatory transparency data with additional real-time insights and analytics, including trade direction and pricing context from MarketAxess’ AI-powered pricing engine CP+™.

Key features include:

Directional indicators on each trade, providing clearer insight into market sentiment A consolidated view of global bond trading activity through a single connection Clean, de-duplicated data to improve usability and reduce operational burden Expanded coverage and earlier visibility into trading activity Integrated analytics, including yield and spread calculations, to support trading and execution analysis “The consolidated tape will bring increased transparency and standardisation to global bond markets,” Berry added. “TraX Tape builds upon that foundation and brings clarity with contextual intelligence that can only come from seeing how bonds actually trade on one of the world’s largest electronic credit platforms. The data tells you what happened, and TraX Tape tells you what it means.”

About MarketAxess

MarketAxess (Nasdaq: MKTX) operates a leading electronic trading platform that delivers greater trading efficiency, a diversified pool of liquidity and significant cost savings to institutional investors and broker-dealers across the global fixed-income and other markets. Approximately 2,100 firms leverage MarketAxess’ patented technology to efficiently trade fixed-income securities. Our automated and algorithmic trading solutions, combined with our integrated and actionable data offerings, help our clients make faster, better-informed decisions on when and how to trade on our platform. MarketAxess’ award-winning Open Trading® marketplace is widely regarded as the preferred all-to-all trading solution in the global credit markets. Founded in 2000, MarketAxess connects a robust network of market participants through an advanced full trading lifecycle solution that includes automated trading solutions, intelligent data and index products and a range of post-trade services. Learn more at www.marketaxess.com and on X @MarketAxess.

Cautionary Note Regarding Forward-Looking Statements

This press release may contain forward-looking statements, including statements about the outlook and prospects for MarketAxess Holdings Inc. (the “Company” or “MarketAxess”), market conditions and industry growth, as well as statements about the Company’s future financial and operating performance. These and other statements that relate to future results and events are based on MarketAxess’ current expectations. The Company’s actual results in future periods may differ materially from those currently expected or desired because of a number of risks and uncertainties, including: global economic, political and market factors; the level of trading volume transacted on the MarketAxess platform; the rapidly evolving nature of the electronic financial services industry; the level and intensity of competition in the fixed-income electronic trading industry and the pricing pressures that may result; the variability of our growth rate; our ability to introduce new fee plans and our clients’ response; our ability to attract clients or adapt our technology and marketing strategy to new markets; risks related to our growing international operations; our dependence on our broker-dealer clients; the loss of any of our significant institutional investor clients; our exposure to risks resulting from non-performance by counterparties to transactions executed between our clients in which we act as an intermediary in matched principal trades; risks related to self-clearing; our dependence on third-party suppliers for key products and services; our ability to enter into strategic alliances and to acquire other businesses and successfully integrate them with our business; our dependence on our management team and our ability to attract and retain talent; risks related to sanctions levied against states or individuals that could expose us to operational or regulatory risks; the effects of climate change or other sustainability risks that could affect our operations or reputation; the effect of rapid market or technological changes on us and the users of our technology; issues related to the development and use of artificial intelligence; our ability to successfully maintain the integrity of our trading platform and our response to system failures, capacity constraints and business interruptions; the occurrence of design defects, errors, failures or delays with our platforms, products or services; our vulnerability to malicious cyber-attacks and attempted cybersecurity breaches; our actual or perceived failure to comply with privacy and data protection laws; our ability to protect our intellectual property rights or technology and defend against intellectual property infringement or other claims; our use of open-source software; limitations on our flexibility because we operate in a highly regulated industry; the increasing government regulation of us and our clients; our exposure to costs and penalties related to our extensive regulation; our risks of litigation and securities laws liability; our tax filing positions; our future capital needs and our ability to obtain capital when needed; limitations on our operating flexibility contained in our credit agreement; our exposure to financial institutions by holding cash in excess of federally insured limits; and other factors. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. More information about these and other factors affecting MarketAxess’ business and prospects is contained in MarketAxess’ periodic filings with the Securities and Exchange Commission and can be accessed at www.marketaxess.com.

More News From MarketAxess Holdings Inc.

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NEW YORK--(BUSINESS WIRE)-- #fixedincome--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and Moment, the AI platform for investment management, today announced the launch of a new interface that gives large wealth managers and registered investment advisors (RIAs) streamlined access to MarketAxess's institutional liquidity and pricing directly on the Moment platform. Moment's clients will now have access to liquidity from MarketAxes.

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced financial results for the first quarter ended March 31, 2026. 1Q26 select financial and operational highlights* Record total revenues of $233.4 million increased 12%, and included an increase of approximately $3.4 million from the impact of foreign currency fluctuations. — 12% growth in total commission revenue to record $203 mil.

For the quarter ended March 2026, MarketAxess (MKTX - Free Report) reported revenue of $233.38 million, up 11.9% over the same period last year. EPS came in at $2.25, compared to $1.87 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $231.24 million, representing a surprise of +0.93%. The company delivered an EPS surprise of +4.7%, with the consensus EPS estimate being $2.15.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how MarketAxess performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Average Variable Transaction Fee Per Million - Credit: $132.00 versus $132.86 estimated by five analysts on average.Average Daily Volume - Total: $49.8 billion versus $49.37 billion estimated by five analysts on average.Average Daily Volume - Total credit trading: $18.63 billion versus the five-analyst average estimate of $18.04 billion.Average Daily Volume - Total rates trading: $31.17 billion versus $31.32 billion estimated by five analysts on average.Revenues- Information services: $14.45 million versus $13.85 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +11.9% change.Revenues- Post-trade services: $11.61 million compared to the $11.56 million average estimate based on five analysts. The reported number represents a change of +4.7% year over year.Revenues- Technology services: $3.86 million versus $3.57 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +19% change.Revenues- Commissions: $203.47 million compared to the $202.07 million average estimate based on five analysts. The reported number represents a change of +12.2% year over year.Revenues- Commissions- Total variable transaction fees- Other: $10.7 million versus the four-analyst average estimate of $9.42 million.Revenues- Commissions- Total variable transaction fees: $169.97 million compared to the $168.23 million average estimate based on four analysts. The reported number represents a change of +14.9% year over year.Revenues- Commissions- Total variable transaction fees- Credit: $150.35 million compared to the $149.66 million average estimate based on four analysts. The reported number represents a change of +10.7% year over year.Revenues- Commissions- Total fixed distribution fees: $33.51 million compared to the $33.41 million average estimate based on four analysts. The reported number represents a change of +0.5% year over year.View all Key Company Metrics for MarketAxess here>>>

Shares of MarketAxess have returned -15.8% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

MarketAxess NASDAQ: MKTX reported record first-quarter 2026 results, driven by higher trading activity, continued growth in international products, and expanding adoption of newer trading protocols and automation tools.

Investors interested in stocks from the Financial - Investment Bank sector have probably already heard of The Charles Schwab Corporation (SCHW - Free Report) and MarketAxess (MKTX - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.

Currently, The Charles Schwab Corporation has a Zacks Rank of #2 (Buy), while MarketAxess has a Zacks Rank of #3 (Hold). This means that SCHW's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. However, value investors will care about much more than just this.

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.

Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.

SCHW currently has a forward P/E ratio of 15.06, while MKTX has a forward P/E of 17.56. We also note that SCHW has a PEG ratio of 0.64. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. MKTX currently has a PEG ratio of 2.72.

Another notable valuation metric for SCHW is its P/B ratio of 3.76. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, MKTX has a P/B of 4.19.

Based on these metrics and many more, SCHW holds a Value grade of B, while MKTX has a Value grade of D.

SCHW sticks out from MKTX in both our Zacks Rank and Style Scores models, so value investors will likely feel that SCHW is the better option right now.