Intercontinental Exchange To Acquire MarketAxess For $167/shr

July 30, 2026 — 08:11 am EDT

Written by RTTNews.com for RTTNews

(RTTNews) - Intercontinental Exchange (ICE) announced a definitive agreement to acquire MarketAxess Holdings Inc. (MKTX), an electronic trading platform for global institutional fixed income markets. ICE will acquire all outstanding shares of MarketAxess for $167 per share in cash, representing an equity value of approximately $6.0 billion and a total enterprise value of approximately $5.7 billion. The acquisition is expected to be accretive to adjusted EPS in the first full year following close.

MarketAxess connects approximately 2,100 institutional investors and broker-dealers across more than 90 countries, enabling electronic trading in corporate bonds, municipal bonds, emerging market debt, Eurobonds, U.S. Treasuries, and other fixed income instruments.

In pre-market trading on NasdaqGS, MarketAxess shares are up 29.84 percent to $163.25.

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Intercontinental Exchange To Acquire MarketAxess For $167/shr

Tags

Latest Articles