---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-014698"
form_type: "8-K"
ticker: "MKTX"
cik: "0001278021"
company_name: "MARKETAXESS HOLDINGS INC"
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T09:15:26.457693+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MarketAxess Q4 revenue $177.9M (+8%), EPS $1.58 (+15%); guides FY23 expenses up ~10%

## Summary
- Q4 total credit ADV $12.0B (+24%); record composite corporate bond market share 20.9% (+210 bps).
- Record estimated market share gains: high-yield +500 bps, Eurobonds +500 bps, municipals +260 bps.
- Open Trading at record 38% of credit volume; Q4 estimated price improvement $246M.
- Full-year record revenue $718.3M (+3%); record total trading ADV +24%; active firms up 10% to 2,068.
- Quarterly dividend $0.72/share declared; FY23 expense guidance $418-446M (+10% at midpoint).

## SEC filing metadata
- accession: 0001193125-23-014698
- form_type: 8-K
- ticker: MKTX
- cik: 0001278021
- company_name: MARKETAXESS HOLDINGS INC
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1278021/000119312523014698/0001193125-23-014698-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278021/000119312523014698/d398424d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-014698
- JSON: https://secwatch.observer/filing/0001193125-23-014698.json
- Plain text: https://secwatch.observer/filing/0001193125-23-014698.txt

## Key facts
- Earnings Releases
  MARKETAXESS HOLDINGS INC reported financial results for fourth quarter and full-year ended December 31, 2022.
  - Period: fourth quarter and full-year ended December 31, 2022
  - Result: reported results
  source text: On January 25, 2023, MarketAxess Holdings Inc. (the “Company”) issued a press release announcing the Company’s financial results for its fourth quarter and full year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278021/000119312523014698/0001193125-23-014698-index.htm

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