Opening and Closing Auctions
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MarketAxess to Participate in the Goldman Sachs Financial Services Conference
Businesswire· 2025-12-01 21:30
Core Insights - MarketAxess Holdings Inc. will participate in the Goldman Sachs Financial Services Conference on December 9, 2025, with CEO Chris Concannon and CFO Ilene Fiszel Bieler attending a fireside chat [1][2] Company Overview - MarketAxess operates a leading electronic trading platform for fixed-income securities, providing trading efficiency, liquidity, and cost savings to institutional investors and broker-dealers globally [3] - Approximately 2,100 firms utilize MarketAxess' patented technology for efficient trading of fixed-income securities [3] - The company offers automated and algorithmic trading solutions, integrated data offerings, and a range of post-trade services [3] - Founded in 2000, MarketAxess is recognized for its Open Trading marketplace, which is a preferred trading solution in the global credit markets [3] Recent Developments - MarketAxess reported total revenues of $208.8 million for the third quarter of 2025, reflecting a 1% increase, which included a $1.3 million impact from foreign currency fluctuations [5] - The company announced the launch of Opening and Closing Auctions, the first standardized market-wide auction protocol aimed at improving price discovery and liquidity for U.S. credit trading [7]
MarketAxess Unveils Fixed Income's First Opening & Closing Auctions; Designed to Improve Pricing and Liquidity
Businesswire· 2025-11-05 13:15
Core Insights - MarketAxess Holdings Inc. is launching Opening and Closing Auctions, a standardized market-wide auction protocol aimed at enhancing price discovery and providing unique liquidity for trading U.S. credit [1] Company Developments - The new auction protocol is designed to improve the trading environment for fixed income securities [1] - MarketAxess consulted a diverse group of buy-side and sell-side participants during the development of the Opening & Closing Auctions [1]