MarketAxess

MarketAxess operates an electronic trading platform that enables fixed-income market participants to efficiently trade corporate bonds and other types of fixed-income instruments. The Company's trading system supports electronic trading in the U.S. high-grade corporate bonds, Eurobonds, high yield/crossover bonds, emerging markets bonds, agency securities, structured products, preferred stock, and credit default swaps.

Company Growth (employees)
Type
Public
HQ
New York, US
Founded
2000
Size (employees)
383 (est)
MarketAxess was founded in 2000 and is headquartered in New York, US

MarketAxess Office Locations

MarketAxess has offices in New York and London
New York, US (HQ)
299 Park Ave
London, GB
5 Aldermanbury
Show all (2)

MarketAxess Financials and Metrics

MarketAxess Financials

MarketAxess's revenue was reported to be $397.5 m in FY, 2017
USD

Revenue (FY, 2017)

397.5 m

Net income (FY, 2017)

148.1 m

Market capitalization (23-Feb-2018)

7.5 b

Cash (31-Dec-2017)

167 m
MarketAxess's current market capitalization is $7.5 b.
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

190.8 m238.7 m262.8 m303.1 m369.9 m397.5 m

Revenue growth, %

25%10%15%22%

Sales and marketing expense

332.3 m355.3 m

General and administrative expense

15.6 m12.6 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

61.1 m63.4 m65 m64.2 m76.8 m75.5 m74.2 m88.6 m96.6 m90.3 m103.9 m97.3 m96.7 m

Sales and marketing expense

51.8 m52 m54.3 m54.5 m67 m66.4 m65.2 m79.1 m86.2 m81.5 m94 m87 m86.3 m

General and administrative expense

1.9 m2.2 m2.3 m2.6 m2.7 m3.3 m3.5 m3.9 m4.2 m3.7 m2.7 m2.9 m3.4 m

Operating expense total

34.7 m35.7 m35.9 m36 m38.3 m38.4 m38.8 m44.2 m46.1 m43.9 m48.3 m47.7 m49.5 m
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016FY, 2017

Cash

103.3 m125 m169.6 m128.9 m132.7 m168.9 m199.7 m168.2 m167 m

Total Assets

439 m528 m581.2 m

Accounts Payable

4.7 m

Total Liabilities

60 m66.5 m
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

169.3 m160.4 m138 m153.3 m161.4 m137.7 m128.1 m139 m

Total Assets

398.9 m416.3 m451.8 m477.1 m502.2 m530.7 m547 m562.3 m

Total Liabilities

39.1 m42.9 m41.4 m41 m50.5 m48.4 m45.8 m51.4 m

Common Stock

120 k120 k121 k120 k120 k121 k121 k121 k
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    76 m74.8 m96 m126.2 m148.1 m

    Depreciation and Amortization

    14.1 m17.4 m18.5 m17.8 m19.3 m

    Accounts Receivable

    (6.7 m)(10.4 m)

    Cash From Operating Activities

    3.8 m120.2 m80.3 m168 m
    USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    18.2 m17.5 m24.6 m48.8 m71.5 m29 m62.1 m93 m42.5 m80.5 m114.6 m

    Depreciation and Amortization

    4.4 m4.5 m4.6 m9.2 m13.9 m4.7 m9.2 m13.5 m4.7 m9.5 m14.1 m

    Cash From Operating Activities

    40.6 m76.3 m(57.4 m)(28.7 m)24 m30.5 m69.1 m121.6 m

    Cash From Investing Activities

    (10.9 m)(43.5 m)6.3 m2 m(23.9 m)(29 m)(54.3 m)(67.9 m)
      USDY, 2017

      Revenue/Employee

      1 m

      Financial Leverage

      1.1 x
      Show all financial metrics

      MarketAxess Operating Metrics

      MarketAxess's Enterprise Customers was reported to be 1.2 k in FY, 2016, which is a 20% increase from the previous period
      FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017

      Total Bond Trading Volume

      $767 b$243.68 b$244.74 b$239.73 b$250.37 b$978.5 b$310.02 b$338.28 b$322.15 b$338.26 b$1.31 t$394.42 b$361.51 b

      Enterprise Customers

      1 k1 k1.2 k

      Transactions

      1.1 b1 b1.2 b

      Patents Issued

      131313
      Show all operating metrics

      MarketAxess Market Value History

      MarketAxess Revenue Breakdown

      MarketAxess's Web-traffic and Trends

      MarketAxess Online and Social Media Presence

      MarketAxess Company Life and Culture

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