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Valued at $8.4 billion by market cap, New York-based MarketAxess Holdings Inc. (MKTX) operates an electronic trading platform for institutional investors and broker-dealer companies worldwide. It focuses on expanding liquidity opportunities, improving execution quality, and cost savings across global fixed-income markets.
Companies worth between $2 billion and $10 billion are generally described as "mid-cap stocks." MarketAxess fits right into that category, reflecting its significant presence and influence in the capital markets industry.