MarketAxess

Institutional electronic trading platform for fixed-income

New York City, New York, United States

About MarketAxess

MarketAxess operates an electronic trading platform focused on fixed-income markets, allowing institutions to trade bonds more efficiently. The platform connects over 2,000 firms, including major asset managers and broker-dealers, who use its patented technology to enhance liquidity and improve execution quality. A key feature is the Open Trading™ marketplace, which facilitates all-to-all trading, creating a diverse liquidity pool for credit market participants. Additionally, MarketAxess provides automated trading solutions, market data products, and various pre- and post-trade services, leveraging its extensive data resources. Unlike competitors, MarketAxess emphasizes a unique trading environment that fosters collaboration among a wide range of market players. The company's goal is to streamline bond trading processes, reduce costs, and enhance overall market efficiency.

New York City, New YorkHeadquarters
2000Year Founded
$41.1KTotal Funding
IPOCompany Stage
Data & Analytics, Financial ServicesIndustries
501-1,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Hybrid Work Options
401(k) Company Match
Employee Stock Purchase Plan
Wellness Program
Mental Health Support
Tuition Assistance and Professional Development
Onsite Healthcare
Generous Parental Leave

Risks

Competition from platforms like Tradeweb and Bloomberg may erode MarketAxess' market share.
Leadership changes could lead to strategic shifts or instability within the company.
Expansion into emerging markets exposes MarketAxess to geopolitical risks and currency volatility.

Differentiation

MarketAxess' Open Trading™ is a unique all-to-all trading solution in credit markets.
The platform offers comprehensive pre- and post-trade services, enhancing client trading efficiency.
MarketAxess integrates extensive market data and analytics, providing superior insights to clients.

Upsides

Increased electronic trading adoption in emerging markets boosts MarketAxess' growth potential.
Integration with S&P Global enhances MarketAxess' market data offerings for clients.
Recent investments indicate strong investor confidence in MarketAxess' future growth.

Funding

Total raised$41.1 K
Latest valuation$242.00 M
StageIPO
IPO
10/31/2004
$55
$242.00 M