---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-110152"
form_type: "8-K"
ticker: "MKTX"
cik: "0001278021"
company_name: "MARKETAXESS HOLDINGS INC"
filed_at: "2022-04-20T23:59:59+00:00"
generated_at: "2026-06-26T06:06:12.127323+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MarketAxess Q1 revenue down 5% to $186.1M; EPS $1.71; record trading volumes in UST, EM, muni

## Summary
- Revenue $186.1M, down 5% YoY; diluted EPS $1.71 (includes $0.02 negative from tax/other special items).
- Record total trading ADV $37.5B (+22% YoY); record UST ADV $25.1B; record EM ADV $3.1B; record muni ADV $288M.
- Operating income $88M, margin 47%; EBITDA $105.8M, margin 56.8%.
- Declared $0.70/share dividend payable May 18 to holders of record May 4; repurchased 101,514 shares for $38.8M in Q1.
- Appointed Nash Panchal as Chief Information Officer, effective March 1, 2022.

## SEC filing metadata
- accession: 0001193125-22-110152
- form_type: 8-K
- ticker: MKTX
- cik: 0001278021
- company_name: MARKETAXESS HOLDINGS INC
- filed_at: 2022-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1278021/000119312522110152/0001193125-22-110152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278021/000119312522110152/d691372d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-110152
- JSON: https://secwatch.observer/filing/0001193125-22-110152.json
- Plain text: https://secwatch.observer/filing/0001193125-22-110152.txt

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