MarketAxess CEO to Share Insights at Raymond James Conference

MarketAxess Holdings Inc. (Nasdaq: MKTX), the leading operator of an electronic trading platform for fixed-income securities, has announced that its CEO, Chris Concannon, will participate in the Raymond James 2025 Institutional Investors Conference on March 3, 2025. Mr. Concannon is scheduled for a fireside chat at 4:35 p.m. ET, where he will discuss the company's recent performance, strategic initiatives, and future prospects.

In his fireside chat, Mr. Concannon is expected to provide key insights into MarketAxess' strong financial performance in 2024, including record full-year revenue of $817 million, up 9% year-over-year (YoY). He will likely highlight the company's growth in emerging markets, Eurobonds, and municipal bonds, as well as its record rates commission revenue, up 21% YoY. Additionally, Mr. Concannon may discuss MarketAxess' record services revenue, up 18% YoY, and its expansion of client engagement with X-Pro.



Mr. Concannon is also expected to share updates on MarketAxess' strategic initiatives, such as the launch of its block trading solution in Eurobonds and emerging markets, which has seen early positive signs of success with a 22% increase in emerging markets block trading. He may also discuss the company's gain of over 200 basis points of U.S. high-grade market share and the launch of benchmark pricing for U.S. Credit and Eurobonds in the portfolio trading channel. Additionally, Mr. Concannon may provide insights into the company's plans to complete the integration of Dealer RFQ on X-Pro and the migration of Mid-X to Pragma technology in the dealer-initiated channel.



Investors can expect Mr. Concannon to emphasize MarketAxess' clear leadership position in the client-initiated channel and its ongoing expansion of client engagement with X-Pro. He may also discuss the company's strong geographic and product diversification, with a 14.8% increase in average daily volume (ADV) from international products, including emerging markets and Eurobonds. Additionally, Mr. Concannon may share his thoughts on MarketAxess' ongoing efforts to drive market share growth throughout 2025 and long-term value for shareholders by executing its strategy across the three market channels.

In conclusion, Chris Concannon's participation in the Raymond James 2025 Institutional Investors Conference is an excellent opportunity for investors to gain valuable insights into MarketAxess' recent performance, strategic initiatives, and future prospects. By attending the fireside chat, investors can better understand the company's growth strategies and make informed decisions about their investments in MarketAxess.