---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-190055"
form_type: "8-K"
ticker: "MKTX"
cik: "0001278021"
company_name: "MARKETAXESS HOLDINGS INC"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:27:20.044952+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MarketAxess Q2 revenue down 1.3% to $179.8M; EPS $1.59 vs $1.78 YoY; records in emerging markets and Eurobonds

## Summary
- Total revenues $179.8M (-1.3% YoY) due to low credit spread volatility; operating income $75.7M.
- Diluted EPS $1.59 (from $1.78); net income $59.9M (-10% YoY).
- Record emerging markets estimated market share; Eurobonds record ADV $1.9B and market share 18.4% (+330 bps).
- Record information services revenue $11.7M (+24%) from Composite+ adoption.
- Board declared $0.72/share quarterly dividend, payable Aug 16, 2023; full-year guidance reaffirmed.

## SEC filing metadata
- accession: 0001193125-23-190055
- form_type: 8-K
- ticker: MKTX
- cik: 0001278021
- company_name: MARKETAXESS HOLDINGS INC
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1278021/000119312523190055/0001193125-23-190055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278021/000119312523190055/d534599d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-190055
- JSON: https://secwatch.observer/filing/0001193125-23-190055.json
- Plain text: https://secwatch.observer/filing/0001193125-23-190055.txt

## Key facts
- Earnings Releases
  MARKETAXESS HOLDINGS INC reported second quarter ended June 30, 2023 results: revenue $179.8 million, net income $59.9 million, EPS $1.59.
  - Period: second quarter ended June 30, 2023
  - Revenue: $179.8 million
  - Net income: $59.9 million
  - EPS: $1.59
  - Result: reported results
  source text: trading platform for fixed-income securities, today announced financial results for the second quarter ended June 30, 2023. 2Q23 select financial and operational highlights* • $179.8 million in total revenues, down 1.3% , reflects impact of low credit spread volatility. • 4.0% growth in total revenues year-to-date to $383.0 million compared to the prior year. • 6.9%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278021/000119312523190055/0001193125-23-190055-index.htm

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