MarketAxess climbs after reporting August trading volumes

MarketAxess Holdings

05/09/2025 17:50

** Shares of bond trading platform MarketAxess MKTX.O rise 4.7% to $188.51

** MKTX reports trading volume statistics for August 2025

** William Blair analyst Jeff Schmitt says MKTX's U.S. high-grade and high-yield market share remained relatively stable versus YTD levels

** Block trading momentum expected to build as MKTX rolls out its targeted trading solution to the U.S. this year - Schmitt

** Seven of 15 brokerages rate the stock "buy" or higher, seven rate "hold" and one rates "sell"; median PT is $213.50, according to data compiled by LSEG

** As of last close, MKTX stock down 20.3% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com))