MarketAxess Trading Volume Surges 34.95% to $267 Million Ranking 409th in Daily Market

Generated by AI AgentAinvest Market Brief
Tuesday, May 13, 2025 8:11 pm ET1min read

On May 13, 2025,

(MKTX) saw a trading volume of $267 million, marking a 34.95% increase from the previous day. This surge placed MarketAxess at the 409th position in the daily stock market rankings. However, the stock price of MarketAxess has declined by 2.27% over the past two days, resulting in a cumulative drop of 7.77%.

MarketAxess Holdings Inc. has completed the acquisition of a 49% stake in Rfq-Hub Americas LLC for $37.9 million on April 19, 2024. This strategic move is part of MarketAxess' broader initiative to enhance its product offerings and expand its market reach. The acquisition of RFQ-hub represents a significant step in MarketAxess' efforts to strengthen its position in the electronic trading platform sector.

MarketAxess has also announced the completion of its acquisition of a majority stake in RFQ-hub Holdings LLC. Following the closing, MarketAxess holds approximately a 90% controlling stake in RFQ-hub. This acquisition is expected to further bolster MarketAxess' capabilities in the request-for-quote (RFQ) platform market, providing enhanced services to its clients and solidifying its leadership in the industry.

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