Crossmark Global Holdings Inc. and FMR LLC have increased their positions in MarketAxess Holdings Inc., whereas Oak Thistle LLC has reduced its share. The company has performed well against its competitors. MarketAxess has reported record trade volumes in Q4 2024 and experienced a surge in rates trading. Despite this, the firm saw a dip in share price, suggesting a bear case may be emerging. The business is expanding its AI-powered pricing to 930,000 municipal bonds, showcasing advancements in its technology. Furthermore, partnerships are being fostered, with developments such as a strategic fixed-income data partnership with S&P Global Market Intelligence and an expanded partnership with BlackRock. However, MarketAxess founder Rick McVey announced his retirement, leading to speculation about the firm's future.
Marketaxess Holdings MKTX News Analytics from Mon, 26 Feb 2024 08:00:00 GMT to Sat, 25 Jan 2025 08:48:44 GMT -
Rating -1
- Innovation 8
- Rumor 7
