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MarketAxess Holdings Inc. (MKTX), headquartered in New York, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. Valued at $7.3 billion by market cap, the company develops technology that delivers price discovery and trade execution services to institutional and broker-dealer clients.
Shares of this leading electronic trading platform have underperformed the broader market over the past year. MKTX has declined 8.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 17%. In 2025, MKTX stock is down 13%, compared to SPX’s 1.3% rise on a YTD basis.