MarketAxess climbs after reporting August trading volumes

Reuters
2025.09.05 16:50
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MarketAxess shares rose 4.7% to $188.51 following the release of August trading volume statistics. Analyst Jeff Schmitt from William Blair noted stable market share in U.S. high-grade and high-yield sectors. The firm anticipates increased block trading momentum with the launch of a targeted trading solution. Among brokerages, seven rated the stock as "buy" or higher, while one rated it "sell," with a median price target of $213.50. Year-to-date, MKTX stock is down 20.3%.