NasdaqGS:MKTXCapital Markets
Does MarketAxess’s (MKTX) Enhanced Auctions and Buybacks Reflect Shifting Priorities in Capital Allocation?
In recent announcements, MarketAxess Holdings reported third quarter and nine-month financial results, affirmed its quarterly dividend of US$0.76 per share, completed a US$95.33 million share buyback, and revealed the imminent launch of standardized Opening and Closing Auctions for U.S. credit trading on its platform.
Consulting with major institutional participants to develop its new auction protocol highlights MarketAxess’s ongoing focus on enhancing liquidity and price discovery in the...