Founded in 2000, MarketAxess is a leading electronic fixed-income trading platform that connects broker/dealers and institutional investors. The company is primarily focused on credit based fixed income securities with its main trading products being US investment-grade and high-yield bonds, Eurobonds, and Emerging Market corporate debt. Recently the company has expanded more aggressively into Treasuries and municipal bonds with the acquisitions of LiquidityEdge and MuniBrokers in 2019 and 2021, respectively. The company also provides pre- and post-trade services with its acquisition of Regulatory Reporting Hub from Deutsche Börse Group in 2020 adding to its product offerings.

Founded in 2000, MarketAxess is a leading electronic fixed-income trading platform that connects broker/dealers and institutional investors. The company is primarily focused on credit based fixed income securities with its main trading products being US investment-grade and high-yield bonds, Eurobonds, and Emerging Market corporate debt. Recently the company has expanded more aggressively into Treasuries and municipal bonds with the acquisitions of LiquidityEdge and MuniBrokers in 2019 and 2021, respectively. The company also provides pre- and post-trade services with its acquisition of Regulatory Reporting Hub from Deutsche Börse Group in 2020 adding to its product offerings.

March has come 'in like a lion.' Let's see if it goes 'out like a lamb.' The major indices saw downside follow-through Tuesday morning following Monday's wreckage, but bounced hard after hitting key support levels. The S&P 500 (SPX) was down 2%, clawed its way back to positive territory, but then plummeted in the last 35 minutes of the session, finishing off 1.2%. The Nasdaq and Nasdaq 100 were the stars of the day, declining only 0.4%, while the S&P 100 dipped 1.1%. The small-cap and mid-cap indices were the weakest again, down 1.5% to 1.6%. The 5,773 region for the SPX is key as there is a cluster of support there. It represents chart support from the prior low in January, the rising 200-day average, and a 38.2% retracement of the rally since August 2024. Since the SPX started its descent from an all-time closing high on February 19, the index has given back 6% in nine days. The next important zone of support is between 5,630 to 5,650 -- which is the last major breakout area, the location of the 50-week, and a 50% retracement of the rally since August. The QQQ has tanked 8% from its all-time high nine days ago. Support in the 490-500 area was provided by the 200-day average, the former breakout region, and a 38.2% give-back of the rally since August. The Nasdaq has slid 9% in just nine days, with the last closing all-time high on December 16. The index bounced off a 50% retracement of the rally, the prior breakout area, and the 50-week exponential moving average, and has slightly undercut its 200-day.

MarketAxess Holdings operates a global electronic trading platform, primarily for corporate bonds and other fixed-income instruments. The company enables institutional investors and broker-dealers to anonymously trade securities and offers clearing and market data services. The company has approximately 890 employees and was added to the S&P 500 in 2019.