MarketAxess Holdings (MKTX) reported quarterly earnings results on Wednesday, Apr-27-2016. The company reported $0.77 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.79. The company posted revenue of $88.60 million in the period, compared to analysts expectations of $88.99 million. The company’s revenue was up 15.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.65 EPS.
MarketAxess Holdings opened for trading at $128.03 and hit $129.83 on the upside on Friday, eventually ending the session at $129.46, with a gain of 0.95% or 1.22 points. The heightened volatility saw the trading volume jump to 2,96,536 shares. Company has a market cap of $4,858 M.
In a different news, on Feb 18, 2016, Antonio L Delise (Chief Financial Officer) sold 15,505 shares at $111.14 per share price. According to the SEC, on Feb 8, 2016, David G Gomach (director) sold 2,500 shares at $108.64 per share price. On Feb 4, 2016, Nicholas Themelis (Chief Information Officer) sold 10,683 shares at $113.76 per share price, according to the Form-4 filing with the securities and exchange commission.
MarketAxess Holdings Inc. (MarketAxess) is an electronic trading platform. The Company operates as an electronic multi-party platform for the trading of fixed-income securities and provides related data analytics compliance tools and post-trade services. The Company offers its broker-dealer clients a solution that allows them to reach institutional investor clients for the distribution and trading of bonds. The Companys trading platform provides access to global liquidity in United States high-grade corporate bonds emerging markets and high-yield bonds European bonds United States agency bonds credit derivatives and other fixed-income securities. The Companys multi-dealer trading platform allows its institutional investor clients to request bids or offers from multiple broker-dealers and to execute trades with the broker-dealer of their choice. The Company offers various services including Information Services Post-Trade Services and Straight-Through Processing.