MarketAxess Q2 Profit Declines, But Top Estimates

MarketAxess Q2 Profit Declines, But Results Top Estimates

Electronic trading platform MarketAxess Holdings Inc. (MKTX) reported Thursday that its second-quarter net income declined to $59.86 million or $1.59 per share from $66.92 million or $1.78 per share in the prior-year quarter.

RTTNews | 488 days ago

MarketAxess Promotes President And COO Chris Concannon To Succeed Richard McVey As CEO

The Board of Directors of electronic trading platform MarketAxess Holdings Inc. (MKTX) announced Monday that, effective April 3, 2023, Chairman and Chief Executive Officer Richard McVey will become Executive Chairman and President and Chief Operating Officer Chris Concannon will be promoted to Chief Executive Officer. Concannon will also continue to serve as a director on the Company's Board.

RTTNews | 679 days ago

RBA Vigilant To Upside Risks To Inflation, Minutes Show

The Reserve Bank of Australia remained vigilant to upside risks to inflation and the board affirmed that the policy would need to be sufficiently restrictive until inflation moves sustainably towards the target, the minutes of the policy board meeting held on November 4 and 5 showed Tuesday.

RTTNews | 5h 31min ago

Antipodean Currencies Rise As Asian Markets Trade Mostly Higher

Antipodean currencies such as the Australian and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, as traders picked up some stocks at a bargain after the recent weakness in the markets amid concerns about the outlook for interest rates. Strong gains in mining and energy stocks also boosted the markets amid climbing commodity prices.

RTTNews | 5h 58min ago

Super Micro Stock Surges After Hiring New Auditor; Plans To Avoid Delisting

Shares of Super Micro Computer Inc. surged around 40 percent in the extended trading on The Nasdaq Stock Market after the troubled server maker announced that it has hired a new auditor and filed a compliance plan with the stock exchange, with a view to avoiding its delisting. The plan was submitted to support its request for an extension of time to regain compliance with the Nasdaq...

RTTNews | 6h 12min ago