MarketAxess stock trades at EUR 144.05 ahead of ICE vote

Published on 09/29/2026 at 15:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MarketAxess stock faces a shareholder vote on October 29, 2026, over ICE's USD 167.00 cash offer. Q2 EPS reached USD 1.95 versus USD 1.85 consensus.

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MarketAxess (ISIN US57060D1081) was trading at EUR 144.05 at Lang & Schwarz on September 29, 2026 at 3:06 p.m. CEST, up 0.45 percent from the prior close of EUR 143.40. The pending ICE takeover now gives the stock a defined corporate checkpoint: shareholders are scheduled to vote on October 29, 2026.

ICE deal reaches a vote

The investor-relations filing page lists a definitive merger proxy dated September 18, 2026, according to MarketAxess. The proposed transaction would make MarketAxess a wholly owned subsidiary of Intercontinental Exchange, with holders receiving USD 167.00 in cash per share at closing.

As The Globe and Mail reported on September 19, 2026, the special virtual meeting will also include a non-binding vote on merger-related executive compensation. The transaction remains subject to shareholder approval and regulatory clearances, keeping the October vote central to the stock story.

Quarterly beat meets slower sales

MarketAxess reported second quarter 2026 adjusted earnings per share of USD 1.95 against a USD 1.85 consensus estimate, a USD 0.10 beat, according to MarketBeat on September 7, 2026. Revenue reached USD 218.41 million versus USD 216.70 million expected, but declined 0.50 percent from the prior-year quarter.

The result creates a mixed operating profile. Profitability exceeded the market estimate, while the revenue comparison remained negative, making the acquisition terms and approval timetable more important than a standalone earnings beat for the near-term valuation debate.

Stock remains below the cash offer

MarketAxess had a market capitalization of USD 5.8 billion and a 52-week range of USD 108.75 to USD 195.97 as of September 28, 2026. The company operates in financial services and capital markets, with its electronic platform connecting institutional investors and broker-dealers in fixed-income markets.

EUR 144.05 in afternoon trading

MarketAxess was trading at EUR 144.05 at Lang & Schwarz on September 29, 2026 at 3:06 p.m. CEST, up 0.45 percent versus the Lang & Schwarz prior close of EUR 143.40 on September 28, 2026. The Nasdaq-listed shares carry the ticker MKTX, while the October 29 shareholder vote is the next dated corporate checkpoint.