MarketAxess rises after higher Q2 profit

MarketAxess Holdings

06/08/2024 15:21

** Shares of bond trading platform MarketAxess  MKTX.O  up
5.9% at $236 in early trade
    ** MKTX posts 8% rise in second-quarter profit due to robust
trading activity in high-grade corporate debt and government
bonds
    ** The company's net income was $65 mln, or $1.72/share for
the three months ended June 30, vs $60 mln, or $1.59/share, last
year
    ** Including session's move, MKTX down ~18% YTD 

 (Reporting by Pritam Biswas in Bengaluru)
 ((Pritam.Biswas@thomsonreuters.com))