MarketAxess (MKTX) announced the completion of its acquisition of a majority stake in the RFQ-hub platform, a bilateral multi-asset and multi-dealer request for quote platform with a focus on equity and fixed-income listed and OTC derivatives, structured products and exchange-traded funds. Following the closing, MarketAxess holds approximately a 90% controlling stake in RFQ-hub.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MKTX:
- MarketAxess price target lowered to $202 from $213 at Piper Sandler
- MarketAxess price target raised to $283 from $263 at Morgan Stanley
- MarketAxess price target raised to $265 from $250 at Citi
- MarketAxess price target raised to $226 from $223 at Keefe Bruyette
- MarketAxess price target raised to $240 from $232 at Barclays