MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer firms in the United States, the United Kingdom, and internationally. The company offers trading technology to access liquidity on its platforms in U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, eurobonds, municipal bonds, U.S. government bonds, and other fixed-income securities; and executes bond trades between and among institutional investor and broker-dealer clients in an all-to-all anonymous trading environment for corporate bonds through its Open Trading protocols. It also provides automated and algorithmic trading solutions, such as X-Pro, a trading platform to combine trading protocols with its proprietary data and pre-trade analytics; and integrated and actionable data offerings, including CP+ and Axess All, a real-time pricing engine, including Auto-X and portfolio trading. In addition, the company offers various pre-and post-trade services, such as processing, trade matching, trade publication, regulatory transaction reporting, and market and reference data across a range of fixed-income and other products. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York.
Market Share Battle | Explore MarketAxess's strategies to reclaim lost ground in credit trading amid fierce competition, balancing innovation with market pressures |
Financial Resilience | Delve into MarketAxess's mixed financial performance, showcasing strong EPS and operational efficiency despite revenue challenges |
Growth Frontiers | Discover MarketAxess's expansion in emerging markets and portfolio trading, offering potential for diversification and long-term growth |
Analyst Outlook | Barclays Capital sets price targets ranging from $237 to $289, reflecting varied expectations for MarketAxess's future performance |
Metrics to compare | MKTX | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipMKTXPeersSector | |
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P/E Ratio | 38.2x | 27.2x | 9.1x | |
PEG Ratio | −2.49 | 1.97 | 0.03 | |
Price/Book | 6.1x | 4.7x | 1.0x | |
Price / LTM Sales | 10.2x | 6.2x | 2.7x | |
Upside (Analyst Target) | 5.5% | 12.9% | 13.7% | |
Fair Value Upside | Unlock | 6.1% | 2.9% | Unlock |