MarketAxess Announces Medium-Term Financial Targets1 Increases Stock Repurchase Authorization to $505 million Intends to Effect an Accelerated Stock Repurchase

NEW YORK--(BUSINESS WIRE)--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced medium-term financial targets for the Company. In conjunction with the new medium-term financial targets, the Company also announced that its Board of Directors has authorized the repurchase of up to $400 million of additional shares of MarketAxess common stock. The new authorization, combined with the $105 million remaining capa