Christopher Concannon - MarketAxess Holdings President COO

MKTX Stock  USD 203.82  5.30  2.53%   

President

Mr. Christopher R. Concannon will be appointing as a President, Chief Operating Officer, Director, effective as of January 22, 2019. Mr. Concannon was our President and Chief Operating Officer since January 2019. Mr. Concannon previously served as President and Chief Operating Officer of Cboe Global Markets, Inc., one of the worlds largest exchange holding companies, a position he was appointed to upon Cboes acquisition of Bats Global Markets, Inc. in 2017. At Cboe, he was responsible for the companys transaction businesses, including global derivatives, U.S. and European equities, and global foreign exchange as well as overseeing Cboes technology, operations, risk, and marketing divisions. Until Bats acquisition by Cboe, Mr. Concannon served as President of Bats from December 2014, director from February 2015, and Chief Executive Officer from March 2015. Mr. Concannon has more than 20 years of experience as an executive at Nasdaq, Virtu Financial, Instinet and as an attorney at Morgan Lewis and Bockius and the Securities and Exchange Commission since 2019.
Age 57
Tenure 5 years
Professional MarksMBA
Address 55 Hudson Yards, New York, NY, United States, 10001
Phone212 813 6000
Webhttps://www.marketaxess.com
Concannon has received a B.A. from Catholic University, an M.B.A. from St. John’s University, and a J.D. from Catholic University’s Columbus School of Law.

MarketAxess Holdings Management Efficiency

The company has return on total asset (ROA) of 0.1087 % which means that it generated a profit of $0.1087 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2174 %, meaning that it created $0.2174 on every $100 dollars invested by stockholders. MarketAxess Holdings' management efficiency ratios could be used to measure how well MarketAxess Holdings manages its routine affairs as well as how well it operates its assets and liabilities. At this time, MarketAxess Holdings' Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.13 in 2024, whereas Return On Capital Employed is likely to drop 0.17 in 2024. At this time, MarketAxess Holdings' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 703.4 M in 2024, despite the fact that Other Current Assets are likely to grow to (1.2 B).
The company currently holds 79.68 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. MarketAxess Holdings has a current ratio of 9.02, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist MarketAxess Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, MarketAxess Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MarketAxess Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MarketAxess to invest in growth at high rates of return. When we think about MarketAxess Holdings' use of debt, we should always consider it together with cash and equity.

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MarketAxess Holdings Inc., together with its subsidiaries, operates an electronic trading platform for institutional investor and broker-dealer companies worldwide. MarketAxess Holdings Inc. was incorporated in 2000 and is headquartered in New York, New York. Marketaxess Holdings operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 732 people. MarketAxess Holdings (MKTX) is traded on NASDAQ Exchange in USA. It is located in 55 Hudson Yards, New York, NY, United States, 10001 and employs 881 people. MarketAxess Holdings is listed under Financial Exchanges & Data category by Fama And French industry classification.

Management Performance

MarketAxess Holdings Leadership Team

Elected by the shareholders, the MarketAxess Holdings' board of directors comprises two types of representatives: MarketAxess Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MarketAxess. The board's role is to monitor MarketAxess Holdings' management team and ensure that shareholders' interests are well served. MarketAxess Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MarketAxess Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
Scott Pintoff, General Secretary
Mary Sedarat, Chief Officer
Nicholas Themelis, Advisor
Richard McVey, Chairman and CEO
Kevin McPherson, Global Head - Sales
Christopher Concannon, President COO
Julie Sheffet, Chief Officer
Stephen Davidson, Head Relations
Michael Cianciulli, Head Officer
James Rucker, Global Services
Naineshkumar Panchal, Chief Officer
Christopher Gerosa, Chief Officer
Richard Schiffman, Global Solutions
Michael Baker, Chief Officer

MarketAxess Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MarketAxess Holdings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether MarketAxess Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MarketAxess Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marketaxess Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marketaxess Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MarketAxess Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy MarketAxess Stock please use our How to Invest in MarketAxess Holdings guide.
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Is MarketAxess Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MarketAxess Holdings. If investors know MarketAxess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MarketAxess Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.164
Dividend Share
2.88
Earnings Share
6.85
Revenue Per Share
20.043
Quarterly Revenue Growth
0.109
The market value of MarketAxess Holdings is measured differently than its book value, which is the value of MarketAxess that is recorded on the company's balance sheet. Investors also form their own opinion of MarketAxess Holdings' value that differs from its market value or its book value, called intrinsic value, which is MarketAxess Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MarketAxess Holdings' market value can be influenced by many factors that don't directly affect MarketAxess Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MarketAxess Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if MarketAxess Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MarketAxess Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.