MarketAxess Holdings Management
Management criteria checks 3/4
MarketAxess Holdings' CEO is Chris Concannon, appointed in Apr 2023, has a tenure of 1.67 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 $7.52M. The average tenure of the management team and the board of directors is 3.3 years and 7.7 years respectively.
Key information
Chris Concannon
Chief executive officer
US$8.3m
Total compensation
| CEO salary percentage | 7.8% |
| CEO tenure | 1.7yrs |
| CEO ownership | 0.09% |
| Management average tenure | 3.3yrs |
| Board average tenure | 7.7yrs |
Recent management updates
Recent updates
MarketAxess: A Forgotten Stock Worth Buying On The Dip
Dec 06MarketAxess: Expectation Of Breakthrough Earnings Growth
Oct 22MarketAxess: August Volume Report Shows Strong YOY Growth, But Market Share Continues To Decline
Sep 06MarketAxess: Electronic Credit Platform With Industry Tailwinds, Valuation Seems Fair
Aug 12MarketAxess Holdings Inc. (NASDAQ:MKTX) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
Aug 08
MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Business Is Yet to Catch Up With Its Share Price
Jul 18MarketAxess May Be The Future
May 27MarketAxess Holdings Inc.'s (NASDAQ:MKTX) Price Is Out Of Tune With Earnings
Apr 02MarketAxess Holdings: 2024 Setting Up To Be A Make Or Break Year
Feb 25Subdued Growth No Barrier To MarketAxess Holdings Inc. (NASDAQ:MKTX) With Shares Advancing 26%
Dec 27MarketAxess Q3 2022 Earnings Preview
Oct 18Narrowing Down High-Quality Dividend Growth: Maybe It's Time For MarketAxess
Aug 29MarketAxess saw a 6.9% M/M drop in July total trading ADV
Aug 03MarketAxess Q2 2022 Earnings Preview
Jul 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$279m |
| Jun 30 2024 | n/a | n/a | US$262m |
| Mar 31 2024 | n/a | n/a | US$257m |
| Dec 31 2023 | US$8m | US$650k | US$258m |
| Sep 30 2023 | n/a | n/a | US$248m |
| Jun 30 2023 | n/a | n/a | US$252m |
| Mar 31 2023 | n/a | n/a | US$259m |
| Dec 31 2022 | US$4m | US$500k | US$250m |
| Sep 30 2022 | n/a | n/a | US$243m |
| Jun 30 2022 | n/a | n/a | US$242m |
| Mar 31 2022 | n/a | n/a | US$242m |
| Dec 31 2021 | US$4m | US$500k | US$258m |
| Sep 30 2021 | n/a | n/a | US$279m |
| Jun 30 2021 | n/a | n/a | US$288m |
| Mar 31 2021 | n/a | n/a | US$305m |
| Dec 31 2020 | US$4m | US$500k | US$299m |
| Sep 30 2020 | n/a | n/a | US$277m |
| Jun 30 2020 | n/a | n/a | US$263m |
| Mar 31 2020 | n/a | n/a | US$227m |
| Dec 31 2019 | US$14m | US$474k | US$205m |
Compensation vs Market: Chris's total compensation ($USD8.29M) is about average for companies of similar size in the US market ($USD8.04M).
Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.
CEO
Chris Concannon (57 yo)
1.7yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 24.7yrs | US$5.42m | 1.24% $ 108.0m | |
| CEO & Director | 1.7yrs | US$8.29m | 0.087% $ 7.5m | |
| Chief Information Officer | 2.8yrs | US$1.91m | 0.0034% $ 292.4k | |
| Chief Revenue Officer | 1.4yrs | US$2.70m | 0.18% $ 15.7m | |
| Head of EMEA & APAC | 7.8yrs | US$1.93m | 0.0096% $ 836.5k | |
| Chief Financial Officer | less than a year | no data | no data | |
| Head of External Reporting & Interim Principal Accounting Officer | less than a year | no data | 0.0017% $ 151.0k | |
| Head of Investor Relations | no data | no data | no data | |
| General Counsel & Corporate Secretary | 10.8yrs | no data | 0.022% $ 1.9m | |
| Chief Human Resources Officer | 3.9yrs | no data | no data | |
| Global Head of Trading Solutions | 22.8yrs | no data | no data | |
| Global Head of Operations Services | 24.7yrs | US$944.00k | no data |
3.3yrs
Average Tenure
56yo
Average Age
Experienced Management: MKTX's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 24.7yrs | US$5.42m | 1.24% $ 108.0m | |
| CEO & Director | 5.9yrs | US$8.29m | 0.087% $ 7.5m | |
| Independent Director | 11.1yrs | US$295.05k | 0.021% $ 1.8m | |
| Independent Director | 20.7yrs | US$279.44k | 0.14% $ 12.4m | |
| Lead Independent Director | 5.7yrs | US$309.66k | 0.00098% $ 85.0k | |
| Independent Director | 1.3yrs | US$144.40k | 0.054% $ 4.7m | |
| Independent Director | 7.7yrs | US$267.35k | 0.010% $ 901.6k | |
| Independent Director | 12.7yrs | US$262.78k | 0.019% $ 1.6m | |
| Independent Director | 7.2yrs | US$256.69k | 0.0097% $ 841.7k | |
| Independent Director | 11.2yrs | US$279.19k | 0.020% $ 1.8m | |
| Independent Director | 4.4yrs | US$266.69k | 0.0063% $ 545.0k |
7.7yrs
Average Tenure
63yo
Average Age
Experienced Board: MKTX's board of directors are considered experienced (7.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:03 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MarketAxess Holdings Inc. is covered by 27 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Jeremy Campbell | Barclays |
| Benjamin Budish | Barclays |