Shares of MarketAxess Holdings (MKTX) Sees Large Inflow of Net Money Flow

MarketAxess Holdings (MKTX) : $23.43 million worth of transactions were on upticks in MarketAxess Holdings (MKTX), compared to $15.03 million on downticks. The ratio between the two was 1.56, whereas, the net money flow stood at a healthy $8.39 million on Tuesdays session. The consistent buying on upticks in the stock accounted for $8.43million worth of trades. The total money flow into the stock stood at $8.43 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.6%. The stock was trading at $150.81, with a drop of $0.91 over the previous days close. The stock recorded 5.03% for the week.


The company Insiders own 4.51% of MarketAxess Holdings shares according to the proxy statements. Institutional Investors own 95.67% of MarketAxess Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -3.38%. In an insider trading activity,The director of Marketaxess Holdings Inc, Gomach David G sold 4,923 shares at $139.25 on May 24, 2016. The Insider selling transaction had a total value worth of $685,528. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of MarketAxess Holdings Inc. rose by 4.49% in the last five trading days and 6.51% for the last 4 weeks. MarketAxess Holdings Inc. is up 24.22% in the last 3-month period. Year-to-Date the stock performance stands at 36%.

MarketAxess Holdings (NASDAQ:MKTX): stock turned positive on Tuesday. Though the stock opened at $151.59, the bulls momentum made the stock top out at $151.74 level for the day. The stock recorded a low of $150.06 and closed the trading day at $151.08, in the green by 0.18%. The total traded volume for the day was 255,146. The stock had closed at $150.81 in the previous days trading.

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.

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