July 20, 2023 | --- | --- | --- | |---------------------------------------------------------------------------------------------------|-------|-------| | | | | | | | | | Strategic Update and Outlook: Driving Better Trading Outcomes for Clients ❖ Chris Concannon, CEO | | | | --- | --- | |----------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------| | | | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 Washington, D.C. 20549 FORM 10-Q or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34091 MARKETAXESS HOLDINGS INC. | | Trading | | | --- | --- | --- | | Title of each class | Symbol | Name of each exchange on whi ...

Financial Data and Key Metrics Changes - The company generated revenue of $180 million for the quarter, with year-to-date revenue of $383 million, representing a 4% increase compared to the prior year [27][33] - Earnings per share (EPS) was reported at $1.59, with net income of $60 million [27][155] - Total commission revenue decreased by 3% in the quarter, while year-to-date figures are running 3% above prior year levels [10][33] - Record information services revenue reached $12 million, up 24% year-over-year, driven by a strong pipeline of new contracts [33] Business Line Data and Key Metrics Changes - Notional volumes in high-grade and high-yield ETFs decreased by 19% and 33% respectively, reflecting reduced trading activity due to lower volatility [6][10] - Auto-X trade volume now represents a record 10% of total credit volume, with trade count at a record 23% of total credit trades [105] - The adoption of automated tools continues to grow, with a record 146 active client firms leveraging automation tools [153] Market Data and Key Metrics Changes - Active client firms trading on the platform reached a record 2,083, with 51% being international clients [7][132] - Eurobond trade volume achieved a record, with a 31% share in Open Trading [133] - Trading volume from hedge fund and private bank clients increased by 36% year-over-year, now representing 17% of total credit volume [132] Company Strategy and Development Direction - The company is focusing on innovation through the launch of proprietary data solutions and the Adaptive Auto-X algorithm to enhance trading outcomes for clients [4][5] - The new trading platform integrates unique data products and various trading protocols, aimed at improving client workflows and trading efficiency [129][130] - The company is optimistic about the fixed income market, anticipating increased inflows as the Fed potentially halts rate hikes [50][145] Management's Comments on Operating Environment and Future Outlook - Management noted that the current low volatility environment has impacted trading activity but expressed confidence in the long-term strategy and growth potential [27][150] - The company is excited about the potential for fixed income investments, especially with the anticipated end to rate hikes [50][145] - Management highlighted the importance of regulatory developments, such as T+1 processing, which could favor electronic trading [53][82] Other Important Information - The company paid out approximately $107 million in quarterly dividends to shareholders [116] - The balance sheet remains solid with cash and investments totaling $506 million and no outstanding debt [156] - The total addressable market has expanded to $7 billion, reflecting significant growth opportunities [151] Q&A Session All Questions and Answers Question: Can you provide insights on the performance of Adaptive Auto-X? - Management indicated that Adaptive Auto-X is in early stages with positive early indications, allowing clients to submit larger parent orders that break into smaller child orders across various protocols [137][138] Question: What are the recent trends in the high-grade business? - Management acknowledged challenges in high-grade market share due to lower volatility and competitive impacts, but noted a year-over-year growth of 13% in portfolio trading [111][150] Question: How is the company interfacing with retail demand? - The company is well-positioned to support retail market growth, particularly through separately managed accounts (SMA) and the Axess IQ platform designed for private wealth firms [91][99]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34091 MARKETAXESS HOLDINGS INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorpora ...

MarketAxess Holdings Inc. (NASDAQ:MKTX) Q1 2023 Earnings Conference Call April 26, 2023 10:00 AM ET Company Participants Steve Davidson ??? Head-Investor Relations Chris Concannon ??? Chief Executive Officer Chris Gerosa ??? Chief Financial Officer Rick McVey ??? Founder and Executive Chairman Conference Call Participants Rich Repetto ??? Piper Sandler Chris Allen ??? Citi Kyle Voigt ??? KBW Alex Blostein ??? Goldman Sachs Brian Bedell ??? Deutsche Bank Daniel Fannon ??? Jefferies Simon Clinch ??? Atlantic ...

Q1 2023 Conference Call and Webcast ※ Market Axess® 1Q23 Results* – Executing Our Growth Strategy (in $ millions, except EPS data) Operating Margin 46.9% ※ Market Axess® April 26, 2023 2 Revenue | --- | --- | |---------------|--------| | NI 1 & EBITDA | 2 | | +14% | $73.6 | | +5% | $110.5 | Key Themes • Record revenues up 9%, (+11% ex. FX) including impact of 4% decline in total credit fee per million on lower duration of bonds traded in U.S. high-grade. • Strong estimated market share gains across most pro ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34091 MARKETAXESS HOLDINGS INC. (Exact name of registrant as specified in its charter) (State of incorporation) (IRS Employer Delaware 5 ...

MarketAxess Holdings Inc. (NASDAQ:MKTX) Q4 2022 Earnings Conference Call January 25, 2023 10:00 AM ET Company Participants Stephen Davidson - Head of Investor Relations Richard McVey - Chairman and Chief Executive Officer Chris Concannon - President and Chief Operating Officer Christopher Gerosa - Chief Financial Officer Conference Call Participants Richard Repetto - Piper Sandler Christopher Allen - Citigroup Kyle Voigt - KBW Gautam Sawant - Credit Suisse Alex Blostein - Goldman Sachs Daniel Fannon - Jeffe ...

Key Themes Source: Corporate bond index duration data sourced from Bloomberg U.S. Corporate Bond Index; U.S. Dollar index data sourced from FactSet. ※ Market Axess® +8% (+10% ex. FX) +8% $100.2 +7% • Financial results include impact of lower duration on U.S. high-grade fee plan; trends improving with corporate bond index duration now 6% above the lows in October 2022. • Higher estimated market volumes and favorable backdrop for fixed income creating attractive operating environment for our model in 2023. 4 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34091 MARKETAXESS HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware 52-2230784 (State or other j ...