Trade MarketAxess Holdings Inc. - MKTX CFD

MarketAxesss Company profile

About MarketAxess Holdings Inc.

MarketAxess Holdings Inc. operates an electronic trading platform that enables fixed-income markets. Institutional investor and broker-dealer firms are users of trading platform, accessing global liquidity in the United States corporate bonds, emerging markets and high-yield bonds, European bonds, the United States agency bonds, municipal bonds, emerging market debt, Eurobonds and other fixed income securities. The Company through its Open Trading protocols, which executes trades in certain bonds between and among institutional investor and broker-dealer clients in a trading environment. It also offers a range of trading-related products and services, including Composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring workflow solutions; connectivity solutions that facilitate straight-through processing, and technology services to optimize trading environments.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, MarketAxess Holdings Inc. revenues increased 1% to $699M. Net income decreased 14% to $257.9M. Revenues reflect OTher segment increase of 23% to $20M. Net income was offset by Depreciation increase of 48% to $53.4M (expense), Employee compensation and b increase of 9% to $144.9M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from $8.01 to $6.88.

Equity composition

Common Stock $.003 Par, 04/11, 110M auth., 36,585,440 issd., less 1,303,741 shs in Treas @ $19M. Insiders and strategic owns 3.58%. IPO: 11/5/04, 5M shares @ $11 by Credit Suisse First Boston. Non Voting Common $.003 Par, 04/11, 10M auth., 2,585,654 issd.