secwatch.observer — SEC 8-K summary
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Issuer:     MARKETAXESS HOLDINGS INC (MKTX)
CIK:        0001278021
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0001193125-23-014698
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1278021/000119312523014698/0001193125-23-014698-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1278021/000119312523014698/d398424d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-014698

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer