{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-311939","form_type":"8-K","ticker":"MKTX","cik":"0001278021","company_name":"MARKETAXESS HOLDINGS INC","filed_at":"2025-12-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.017409+00:00","generated_at":"2026-05-16T13:45:40.237350+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"MarketAxess sets 8-9% annual revenue growth target, boosts buyback to $505M, plans $300M ASR","bullets":["Medium-term targets (2026-2028): avg annual total revenue growth 8-9%; operating margin +75-125 bps/year.","Board authorized $400M new stock repurchase; total outstanding authorization now $505M.","Plans $300M accelerated stock repurchase (ASR) with JPMorgan; ~$240M shares at onset, final settlement Q1 2026.","ASR funded by $80M cash and $220M revolver borrowings; trailing 12-month free cash flow $385M.","YTD 2025 returned ~$120M in buybacks and $86M in dividends."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-311939","json":"https://secwatch.observer/filing/0001193125-25-311939.json","markdown":"https://secwatch.observer/filing/0001193125-25-311939.md","text":"https://secwatch.observer/filing/0001193125-25-311939.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1278021/000119312525311939/0001193125-25-311939-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1278021/000119312525311939/mktx-20251209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:45:40.237350+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}