MarketAxess refiles ICE merger review and MarketAxess stock costs EUR 146.18

Published on 10/06/2026 at 13:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ICE merger review runs to October 29, 2026. MarketAxess stock costs EUR 146.18 on October 6, 2026 after EUR 145.75, plus 0.30 percent.

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MarketAxess refiled its proposed merger review with Intercontinental Exchange on September 29, 2026, while MarketAxess stock was trading at EUR 146.18 at Lang & Schwarz on October 6, 2026. The regulatory timetable now points to October 29, 2026 for the end of the waiting period and a special shareholder vote, making deal execution the central valuation issue.

Merger review reaches October 29

According to StockTitan in its September 29, 2026 filing summary, MarketAxess and Intercontinental Exchange withdrew their premerger notifications on September 25 and refiled them on September 29. The waiting period is scheduled to expire at 11:59 p.m. ET on October 29, 2026, unless it ends earlier or is extended.

The same filing summary says MarketAxess expects the transaction to close in the first half of 2027, subject to shareholder approval, antitrust clearance and other closing conditions. The proposed cash consideration is USD 167.00 per MarketAxess share, while the equity value is USD 6.0 billion.

Second-quarter revenue stays flat

MarketAxess reported USD 218.0 million of revenue in the second quarter of 2026, USD 68.0 million of net income and USD 1.93 of diluted earnings per share, according to StockTitan. Year-to-date revenue reached USD 452.0 million, up 6.00 percent from the prior-year period, while net income rose 70.00 percent to USD 146.0 million.

The operating margin for the second quarter was 41.10 percent. Portfolio trading average daily volume increased 33.00 percent to a record USD 2.0 billion, which gives investors a measurable operating counterweight to the flat quarterly revenue figure.

Analysts set a lower reference

MarketBeat reported on October 2, 2026 that 13 analysts held a consensus Hold rating, with 12 holds and one Buy. The average 12-month price target was USD 156.10, below the reported USD 164.22 opening price cited in that report.

The contrast is important: the merger agreement offers USD 167.00 per share, while the analyst average sits USD 10.90 below that consideration. MarketAxess has also withdrawn its 2026 annual guidance and medium-term financial targets in light of the proposed transaction, according to StockTitan.

Euro quote remains slightly higher

MarketAxess stock was trading at EUR 146.18 at Lang & Schwarz on October 6, 2026 at 1:42 p.m. CEST, up 0.30 percent versus the prior close of EUR 145.75 on October 5, 2026. The primary Nasdaq quote was last at USD 164.04 on October 5, 2026 at 4:00 p.m. ET, with a 52-week range of USD 108.75 to USD 195.97 and market capitalization of USD 5.8 billion as of that date. The further course of trading is shown by the continuously updated real-time quote of MarketAxess stock.