MarketAxess traded at $114.50 this Wednesday July 1st, increasing $1.01 or 0.89 percent since the previous trading session. Looking back, over the last four weeks, MarketAxess gained 7.05 percent. Over the last 12 months, its price fell by 47.76 percent. Looking ahead, we forecast MarketAxess to be priced at 110.20 by the end of this quarter and at 103.46 in one year, according to Trading Economics global macro models projections and analysts expectations.
MarketAxess Holdings Inc. operates an electronic trading platform that enables fixed-income markets. Institutional investor and broker-dealer firms are users of trading platform, accessing global liquidity in the United States corporate bonds, emerging markets and high-yield bonds, European bonds, the United States agency bonds, municipal bonds, emerging market debt, Eurobonds and other fixed income securities. The Company through its Open Trading protocols, which executes trades in certain bonds between and among institutional investor and broker-dealer clients in a trading environment. It also offers a range of trading-related products and services, including Composite+ pricing and other market data products to assist clients with trading decisions; auto-execution and other execution services for clients requiring workflow solutions; connectivity solutions that facilitate straight-through processing, and technology services to optimize trading environments.