---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-220060"
form_type: "8-K"
ticker: "MKTX"
cik: "0001278021"
company_name: "MARKETAXESS HOLDINGS INC"
filed_at: "2021-07-21T23:59:59+00:00"
generated_at: "2026-06-30T03:39:50.053735+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MarketAxess Q2 revenue down 5%, EPS $1.77 vs $2.20 YoY; dividend $0.66

## Summary
- Revenue $176.3M, down 5% YoY; operating income $87.2M, down 16%; diluted EPS $1.77, down 20% from $2.20.
- Commission revenue $156.4M, down 9.1% YoY; U.S. high-grade market share 21.1% vs 21.5% a year ago.
- Estimated U.S. credit TRACE trading volume decreased 18.7% YoY; emerging market volume up 11% despite market volumes down 17%.
- Board declared $0.66 quarterly dividend, payable Aug 18 to holders of record Aug 4.
- Expenses up 10.5% to $89.2M, partly from MuniBrokers and Regulatory Reporting Hub acquisitions.

## SEC filing metadata
- accession: 0001193125-21-220060
- form_type: 8-K
- ticker: MKTX
- cik: 0001278021
- company_name: MARKETAXESS HOLDINGS INC
- filed_at: 2021-07-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1278021/000119312521220060/0001193125-21-220060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278021/000119312521220060/d146597d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-220060
- JSON: https://secwatch.observer/filing/0001193125-21-220060.json
- Plain text: https://secwatch.observer/filing/0001193125-21-220060.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.