---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-262231"
form_type: "8-K"
ticker: "MKTX"
cik: "0001278021"
company_name: "MARKETAXESS HOLDINGS INC"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T09:56:43.034544+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# MarketAxess Q3 2023 Revenues Flat, Net Income Down 7% to $54.9M; Declares $0.72 Dividend

## Summary
- Total revenues of $172.3M flat YoY, operating income $66.9M down 12%.
- Net income $54.9M and diluted EPS $1.46, down 7% and 8% respectively.
- Board declared $0.72 per share quarterly dividend payable Nov 22.
- Record information services revenue $11.8M, up 21.5% on Composite+ adoption.
- Acquisition of Pragma closed Oct 2 to bolster automation and algo strategies.

## SEC filing metadata
- accession: 0001193125-23-262231
- form_type: 8-K
- ticker: MKTX
- cik: 0001278021
- company_name: MARKETAXESS HOLDINGS INC
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1278021/000119312523262231/0001193125-23-262231-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278021/000119312523262231/d757999d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-262231
- JSON: https://secwatch.observer/filing/0001193125-23-262231.json
- Plain text: https://secwatch.observer/filing/0001193125-23-262231.txt

## Key facts
- Earnings Releases
  MARKETAXESS HOLDINGS INC reported third quarter ended September 30, 2023 results: revenue $172.3 million, net income $54.9 million, EPS $1.46.
  - Period: third quarter ended September 30, 2023
  - Revenue: $172.3 million
  - Net income: $54.9 million
  - EPS: $1.46
  - Result: reported results
  source text: platform for fixed-income securities, today announced financial results for the third quarter ended September 30, 2023. 3Q23 select financial and operational highlights* • $172.3 million in total revenues, in line with the prior year, reflecting the impact of low credit spread volatility in the period. • 10.0% increase in total expenses, driven principally by
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278021/000119312523262231/0001193125-23-262231-index.htm

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