MarketAxess Holdings (MKTX) Tops Q3 EPS by 9c

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MarketAxess Reports Third Quarter 2018 Revenues of $101.4 Million, Operating Income of $46.4 Million and Diluted EPS of $1.02

October 24, 2018 6:30 AM EDT

Third Quarter Financial Highlights*

Revenues of $101.4 million, up 6.1%Expenses of $55.0 million, including $1.9 million of duplicate occupancy expenseDiluted EPS of $1.02, up 13.3%Trading volume of $385.5 billion, up 11.2%Open Trading volume of $88.3 billion, up 58.3%

*All comparisons versus third quarter 2017.

NEW YORK, Oct. 24, 2018 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced results for... More