MarketAxess Reports Mixed Q3 Results; ICE Deal Clears HSR Wait
Credit commission revenue fell 2% to $161.2 million as FPM declined 9%; rates commission revenue rose 34% to $8.9 million. DOJ and FTC granted early termination of the HSR waiting period for the pending ICE merger.
MarketAxess reported Q3 results with total credit commission revenue down 2% to $161.2M as FPM fell 9%, while rates commission revenue rose 34% to $8.9M. DOJ and FTC granted early termination of the HSR waiting period for its pending ICE merger.Material DetailsContext by AI AnalystThis is a late-st…