---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-116553"
form_type: "8-K"
ticker: "MKTX"
cik: "0001278021"
company_name: "MARKETAXESS HOLDINGS INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T11:57:28.772574+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MarketAxess Q1 2023: Record revenue $203M, EPS $1.96, total credit ADV up 14%

## Summary
- Record total revenues $203.2M (+9%); net income $73.6M; diluted EPS $1.96 (+15%).
- Total credit ADV record $13.7B (+14%); Open Trading ADV record $4.5B (+21%); trade count +27%.
- Estimated market share gains: high-yield +310 bps, Eurobonds +380 bps, muni bonds +210 bps.
- Board declared $0.72/share quarterly dividend, payable May 24, 2023 to holders of record May 10.
- Record information services revenue $11.0M (+12%); expenses +10% on headcount investment.

## SEC filing metadata
- accession: 0001193125-23-116553
- form_type: 8-K
- ticker: MKTX
- cik: 0001278021
- company_name: MARKETAXESS HOLDINGS INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1278021/000119312523116553/0001193125-23-116553-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278021/000119312523116553/d388786d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-116553
- JSON: https://secwatch.observer/filing/0001193125-23-116553.json
- Plain text: https://secwatch.observer/filing/0001193125-23-116553.txt

## Key facts
- Earnings Releases
  MARKETAXESS HOLDINGS INC reported first quarter ended March 31, 2023 results: revenue Record total revenues of $203.2 million, net income net income to $73.6 million, EPS diluted EPS to $1.96.
  - Period: first quarter ended March 31, 2023
  - Revenue: Record total revenues of $203.2 million
  - Net income: net income to $73.6 million
  - EPS: diluted EPS to $1.96
  - Result: reported results
  source text: MarketAxess Reports Record Revenues of $203.2 Million in First Quarter 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278021/000119312523116553/0001193125-23-116553-index.htm

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