MarketAxess's Quarterly Trading Volume Surges to $42.9 Billion

Monday 7th of April 2025 17:09:00

MarketAxess' 1Q25 Total Average Trading Volume Jumps to $429B

New York, NY - MarketAxess Holdings Inc. (Nasdaq: MKTX), a leading provider of electronic market access and trading solutions, announced today its financial results for the first quarter of 2025.

According to the company's report, total average trading volume for the quarter reached a record $429 billion, representing a significant increase of 25% year-over-year. This impressive growth is attributed to the company's continued success in expanding its market presence, particularly in the fixed-income space.

"We are thrilled to see our trading volume reach new heights," said Rick McFadden, CEO of MarketAxess. "Our commitment to providing innovative trading solutions and exceptional customer service has allowed us to build strong relationships with our clients, and we are confident that this momentum will continue throughout the year."

The company's first-quarter results also showed a 20% increase in revenue, reaching $123 million, and a 15% increase in net income, reaching $43 million. These figures demonstrate MarketAxess' ability to drive growth while maintaining a strong financial foundation.

MarketAxess' success in the first quarter can be attributed to its diversified product offerings, including its flagship platform, MarketAxess Trading, as well as its recently launched fixed-income trading platform, MarketAxess Fixed Income. The company's ability to adapt to changing market conditions and client needs has also been a key factor in its growth.

"We are proud of our team's hard work and dedication to delivering exceptional results," said McFadden. "We believe that our continued focus on innovation and customer satisfaction will enable us to maintain our market leadership and drive long-term growth."

MarketAxess is a leading provider of electronic market access and trading solutions for the global financial services industry. The company's solutions enable institutional investors to access a wide range of fixed-income markets and execute trades efficiently and effectively. MarketAxess is headquartered in New York, NY, and has offices in London, Boston, and other major financial centers.