Recent Updates — MKTX
MarketAxess Holdings Inc. stockholders approved the proposed merger agreement with Intercontinental Exchange, Inc. at a special meeting on October 29, 2026. The transaction received approximately 80.4% of voting power support, with 28,241,324 shares voting in favor against 34,133 opposed. The merger remains subject to customary closing conditions and regulatory approvals, with completion expected in the first quarter of 2027. MarketAxess operates electronic trading platforms for institutional fixed-income securities.
MarketAxess Holdings Inc. filed an 8-K to voluntarily amend its definitive proxy statement, adding supplemental disclosures regarding the proposed $167-per-share acquisition by Intercontinental Exchange (ICE). The filing reveals that ICE submitted a non-binding offer of $175 per share on May 27, 2026, which was rejected before being revised down to $167 per share in July. The amendment includes detailed financial projections showing base case revenue growing from $886 million in 2026 to $1.2 billion by 2031, alongside a breakdown of J.P. Morgan's valuation analysis and fee structure. These disclosures aim to moot stockholder litigation alleging incomplete information about the merger process. MarketAxess operates an electronic trading platform for fixed-income securities.
MarketAxess Holdings Inc.'s Board of Directors declared a regular quarterly cash dividend of $0.78 per share of common stock. The payment is scheduled for November 25, 2026, to shareholders of record as of the close of business on November 11, 2026. This distribution marks a routine return of capital to investors. MarketAxess Holdings Inc. operates in the financial technology sector, providing an electronic trading platform for institutional fixed-income securities.
The Department of Justice and the Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act on October 21, 2026. This action satisfies a key regulatory condition for the previously announced merger between Intercontinental Exchange and MarketAxess Holdings Inc., where MarketAxess will become a wholly owned subsidiary. The transaction remains subject to stockholder approval and other customary closing conditions. MarketAxess operates electronic trading platforms for institutional fixed-income securities.
MarketAxess Holdings Inc. voluntarily withdrew its Hart-Scott-Rodino premerger notification and report forms with the Department of Justice and Federal Trade Commission on September 25, 2026, to allow additional time for antitrust review of its proposed merger with Intercontinental Exchange. The parties refiled their notifications on September 29, 2026, extending the HSR Act waiting period until October 29, 2026. Completion of the transaction remains subject to stockholder approval and other closing conditions, with a current expectation that the merger will close in the first half of 2027. A special meeting of stockholders has been scheduled for October 29, 2026, to vote on adopting the merger agreement. MarketAxess operates as an electronic trading platform for institutional investors.
MarketAxess Holdings Inc. reported second quarter 2026 financial results with total revenues of $218.4 million and diluted earnings per share of $1.93. The company also announced that its Board of Directors declared a regular quarterly cash dividend of $0.78 per share, payable on September 2, 2026 to stockholders of record as of August 19, 2026. Additionally, MarketAxess disclosed it has entered into a definitive agreement for Intercontinental Exchange (ICE) to acquire the company, leading to the suspension of earnings guidance and monthly volume releases. MarketAxess Holdings Inc. operates a leading electronic trading platform for fixed-income securities.