MarketAxess Holdings Inc.

NasdaqGS:MKTX Stock Report

Market Cap: US$10.1b

MarketAxess Holdings Management

Management criteria checks 3/4

MarketAxess Holdings' CEO is Chris Concannon, appointed in Apr 2023, has a tenure of 1.58 years. total yearly compensation is $8.29M, comprised of 7.8% salary and 92.2% bonuses, including company stock and options. directly owns 0.087% of the company’s shares, worth $8.76M. The average tenure of the management team and the board of directors is 3.3 years and 7.6 years respectively.

Key information

Chris Concannon

Chief executive officer

US$8.3m

Total compensation

CEO salary percentage7.8%
CEO tenure1.6yrs
CEO ownership0.09%
Management average tenure3.3yrs
Board average tenure7.6yrs

Recent management updates

Recent updates

MarketAxess: Expectation Of Breakthrough Earnings Growth

Oct 22

MarketAxess: August Volume Report Shows Strong YOY Growth, But Market Share Continues To Decline

Sep 06

MarketAxess: Electronic Credit Platform With Industry Tailwinds, Valuation Seems Fair

Aug 12

MarketAxess Holdings Inc. (NASDAQ:MKTX) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Aug 08
MarketAxess Holdings Inc. (NASDAQ:MKTX) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Business Is Yet to Catch Up With Its Share Price

Jul 18
MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Business Is Yet to Catch Up With Its Share Price

MarketAxess May Be The Future

May 27

MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Price Is Out Of Tune With Earnings

Apr 02
MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Price Is Out Of Tune With Earnings

MarketAxess Holdings: 2024 Setting Up To Be A Make Or Break Year

Feb 25

Subdued Growth No Barrier To MarketAxess Holdings Inc. (NASDAQ:MKTX) With Shares Advancing 26%

Dec 27
Subdued Growth No Barrier To MarketAxess Holdings Inc. (NASDAQ:MKTX) With Shares Advancing 26%

MarketAxess Q3 2022 Earnings Preview

Oct 18

Narrowing Down High-Quality Dividend Growth: Maybe It's Time For MarketAxess

Aug 29

MarketAxess saw a 6.9% M/M drop in July total trading ADV

Aug 03

MarketAxess Q2 2022 Earnings Preview

Jul 19

CEO Compensation Analysis

How has Chris Concannon's remuneration changed compared to MarketAxess Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$279m

Jun 30 2024n/an/a

US$262m

Mar 31 2024n/an/a

US$257m

Dec 31 2023US$8mUS$650k

US$258m

Sep 30 2023n/an/a

US$248m

Jun 30 2023n/an/a

US$252m

Mar 31 2023n/an/a

US$259m

Dec 31 2022US$4mUS$500k

US$250m

Sep 30 2022n/an/a

US$243m

Jun 30 2022n/an/a

US$242m

Mar 31 2022n/an/a

US$242m

Dec 31 2021US$4mUS$500k

US$258m

Sep 30 2021n/an/a

US$279m

Jun 30 2021n/an/a

US$288m

Mar 31 2021n/an/a

US$305m

Dec 31 2020US$4mUS$500k

US$299m

Sep 30 2020n/an/a

US$277m

Jun 30 2020n/an/a

US$263m

Mar 31 2020n/an/a

US$227m

Dec 31 2019US$14mUS$474k

US$205m

Compensation vs Market: Chris's total compensation ($USD8.29M) is below average for companies of similar size in the US market ($USD12.74M).

Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.


CEO

Chris Concannon (57 yo)

1.6yrs

Tenure

US$8,293,086

Compensation

Mr. Christopher Robert Concannon, also known as Chris, has been Chief Executive Officer at MarketAxess Holdings Inc. since April 03, 2023 and also serves as its Director since January 22, 2019 and was its...


Leadership Team

NamePositionTenureCompensationOwnership
Richard McVey
Founder & Executive Chairman24.6yrsUS$5.42m1.24%
$ 125.7m
Christopher Concannon
CEO & Director1.6yrsUS$8.29m0.087%
$ 8.8m
Naineshkumar Panchal
Chief Information Officer2.7yrsUS$1.91m0.0034%
$ 340.3k
Kevin McPherson
Chief Revenue Officer1.3yrsUS$2.70m0.18%
$ 18.3m
Christophe Pierre Roupie
Head of EMEA & APAC7.7yrsUS$1.93m0.0096%
$ 973.4k
Ilene Bieler
Chief Financial Officerless than a yearno datano data
Michael Cianciulli
Head of External Reporting & Interim Principal Accounting Officerless than a yearno data0.0017%
$ 175.7k
Stephen Davidson
Head of Investor Relationsno datano datano data
Scott Pintoff
General Counsel & Corporate Secretary10.8yrsno data0.023%
$ 2.3m
Julie Sheffet
Chief Human Resources Officer3.8yrsno datano data
Richard Schiffman
Global Head of Trading Solutions22.7yrsno datano data
James Nevil Rucker
Global Head of Operations Services24.6yrsUS$944.00kno data

3.3yrs

Average Tenure

56yo

Average Age

Experienced Management: MKTX's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard McVey
Founder & Executive Chairman24.6yrsUS$5.42m1.24%
$ 125.7m
Christopher Concannon
CEO & Director5.8yrsUS$8.29m0.087%
$ 8.8m
William Cruger
Independent Director11yrsUS$295.05k0.021%
$ 2.1m
Stephen Paul Casper
Independent Director20.6yrsUS$279.44k0.14%
$ 14.5m
Nancy Altobello
Lead Independent Director5.6yrsUS$309.66k0.00098%
$ 99.0k
Carlos Hernandez
Independent Director1.2yrsUS$144.40k0.054%
$ 5.5m
Richard Ketchum
Independent Director7.6yrsUS$267.35k0.010%
$ 1.0m
Steven Begleiter
Independent Director12.6yrsUS$262.78k0.019%
$ 1.9m
Emily Portney
Independent Director7.1yrsUS$256.69k0.0097%
$ 979.5k
Jane Chwick
Independent Director11.1yrsUS$279.19k0.021%
$ 2.2m
Kourtney Ratliff Gibson
Independent Director4.3yrsUS$266.69k0.0063%
$ 634.1k

7.6yrs

Average Tenure

63yo

Average Age

Experienced Board: MKTX's board of directors are considered experienced (7.6 years average tenure).