OverviewSuggest Edit

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.

TypePublic
Founded2000
HQNew York, NY, US
Websitemarketaxess.com
Employee Ratings4.2
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2019)527(+17%)
Revenue (FY, 2020)$689.1 M(+35%)
Share Price (Mar 2021)$579.1 (+5%)
Cybersecurity ratingBMore

MarketAxess Office Locations

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

MarketAxess Financials and Metrics

MarketAxess Revenue

MarketAxess's revenue was reported to be $689.13 m in FY, 2020
USD

Revenue (FY, 2020)

689.1m

Net income (FY, 2020)

299.4m

EBIT (FY, 2020)

374.7m

Market capitalization (1-Mar-2021)

22.0b

Closing stock price (1-Mar-2021)

579.1

Cash (31-Dec-2020)

460.9m

EV

21.6b
MarketAxess's current market capitalization is $22 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

181.1m198.2m238.7m262.8m303.1m369.9m397.5m435.6m511.4m689.1m

Revenue growth, %

25%10%15%22%

Sales and marketing expense

4.9m5.5m4.6m5.8m6.1m8.9m9.8m12.1m11.6m7.9m

General and administrative expense

7.9m8.6m8.9m9.7m13.0m15.6m12.6m11.4m15.7m12.7m
Annual
USDY, 2009Y, 2010FY, 2011Y, 2011Y, 2012FY, 2012FY, 2013Y, 2013Y, 2014FY, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

103.3m125.0m169.6m169.6m128.9m128.9m132.7m132.7m168.9m168.9m199.7m199.7m168.2m167.0m246.3m270.1m460.9m

Accounts Receivable

36.2m31.0m34.2m33.8m40.5m52.6m57.5m62.0m79.6m

Prepaid Expenses

8.5m8.1m10.6m6.7m9.9m18.7m22.5m30.8m29.0m

Inventories

Show all financial metrics

MarketAxess Operating Metrics

MarketAxess's Enterprise Customers was reported to be 1.2 k in FY, 2016.
FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017

Enterprise Customers

1 k1 k1.20 k

Patents Issued

13 13 13

Total Bond Trading Volume

$767 b$243.68 b$244.74 b$239.73 b$250.37 b$978.50 b$310.02 b$338.28 b$322.15 b$338.26 b$1.31 t$394.42 b$361.51 b

Transactions

1.10 b1 b1.20 b
Show all operating metrics

MarketAxess Acquisitions / Subsidiaries

Company NameDateDeal Size
LiquidityEdgeAugust 14, 2019$150 m

MarketAxess Revenue Breakdown

Embed Graph

MarketAxess revenue breakdown by geographic segment: 85.0% from United States, 14.6% from United Kingdom and 0.4% from Other

MarketAxess Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

MarketAxess Online and Social Media Presence

Embed Graph

MarketAxess Company Culture

  • Overall Culture

    D-

    54/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A

    84/100

Learn more on Comparably

MarketAxess News and Updates

MarketAxess to Participate in the 42nd Annual Raymond James Institutional Conference

NEW YORK, Feb. 25, 2021 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced that Rick McVey, Cha…

MarketAxess Announces Monthly Volume Statistics for January 2021

Company Reports Record Total Credit Average Daily Trading Volume Company Reports Record Total Credit Average Daily Trading Volume

MarketAxess Appoints Raj Paranandi as Chief Operating Officer for EMEA & APAC

LONDON, Jan. 13, 2021 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced the appointment of Raj…

MarketAxess Announces Monthly Volume Statistics for December 2020

NEW YORK, Jan. 05, 2021 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced monthly trading volu…

MarketAxess Announces Monthly Volume Statistics for November 2020

NEW YORK, Dec. 02, 2020 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced monthly trading volu…
Show more

MarketAxess Blogs

MarketAxess Launches Centralized Fixed Income Trading Marketplace with Integrated U.S. Treasury Market Liquidity

NEW YORK , Dec. 09, 2020 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced the launch of a

MarketAxess to Participate in the Nasdaq 43rd Virtual Investor Conference

NEW YORK , Nov. 24, 2020 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced that Tony DeLise ,

MarketAxess Announces Monthly Volume Statistics for October 2020

MarketAxess Announces Monthly Volume Statistics for October 2020 Content Import Tue, 11/03/2020 - 16:16 MarketAxess Announces Monthly Volume Statistics for October 2020 November 3, 2020 at 4:15 PM EST This release is a backfill from a News Wire …

Goldman Sachs Adds Streaming Firm Pricing to MarketAxess’ Live Markets Order Book

NEW YORK , Oct. 21, 2020 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX) today announced that Goldman Sachs & Co. LLC has committed to become a dedicated market maker and is actively contributing streaming prices for US investment grade corporate bonds to the MarketAxess Live Market…

MarketAxess Announces Monthly Volume Statistics for September 2020

NEW YORK , Oct. 05, 2020 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced monthly trading

New York Fed Designates MarketAxess as Eligible Seller for Secondary Market Corporate Credit Facility

New York Fed Designates MarketAxess as Eligible Seller for Secondary Market Corporate Credit Facility Content Import Wed, 09/09/2020 - 12:53 New York Fed Designates MarketAxess as Eligible Seller for Secondary Market Corporate Credit Facility September 9, 2020 at 12:53 PM …
Show more

MarketAxess Frequently Asked Questions

  • When was MarketAxess founded?

    MarketAxess was founded in 2000.

  • How many employees does MarketAxess have?

    MarketAxess has 527 employees.

  • What is MarketAxess revenue?

    Latest MarketAxess annual revenue is $689.1 m.

  • What is MarketAxess revenue per employee?

    Latest MarketAxess revenue per employee is $1.3 m.

  • Who are MarketAxess competitors?

    Competitors of MarketAxess include Intercontinental Exchange, 4finance and Rupeek.

  • Where is MarketAxess headquarters?

    MarketAxess headquarters is located at 299 Park Ave, New York.

  • Where are MarketAxess offices?

    MarketAxess has offices in New York and London.

  • How many offices does MarketAxess have?

    MarketAxess has 2 offices.