Shares of MarketAxess Holdings (NASDAQ:MKTX) Sees Large Inflow of Net Money Flow

MarketAxess Holdings (NASDAQ:MKTX) dropped by -0.97 or -1.38 points during the last session to $141.14 per share. One of the highlights of the day was the net money flow figure, which stood at $14.74 million even as the stock accepted $22.78 million in upticks but rejected $8.04 million in downticks. The up/down ratio for the last observation was a 2.83. The 1-week percentage change for the stock price is registered at -0.49%.A block transaction occurred with $15.07 million in upticks and $0 million in downticks while the up/down ratio was calculated to be 0. The stock witnessed a net inflow of $15.07 million at the end of the block trade.

MarketAxess Holdings Inc. has dropped 0.96% in the last five trading days, however, the shares have posted positive gains of 5.29% in the last 4 weeks. MarketAxess Holdings Inc. is up 13.2% in the last 3-month period. Year-to-Date the stock performance stands at 26.46%.

Currently the company Insiders own 4.51% of MarketAxess Holdings shares according to the proxy statements. Institutional Investors own 95.62% of MarketAxess Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -3.38%. . On the companys insider trading activities, The Securities and Exchange Commission has divulged that Gomach David G, director of Marketaxess Holdings Inc, had unloaded 4,923 shares at an average price of $139.25 in a transaction dated on May 24, 2016. The total value of the transaction was worth $685,528.

MarketAxess Holdings (NASDAQ:MKTX) witnessed a decline in the market cap on Friday as its shares dropped 1.43% or 2.04 points. After the session commenced at $142.93, the stock reached the higher end at $143.38 while it hit a low of $140.4. With the volume soaring to 434,130 shares, the last trade was called at $140.48. The company has a 52-week high of $143.641. The company has a market cap of $5,277 million and there are 37,564,015 shares in outstanding. The 52-week low of the share price is $86.19.

MarketAxess Holdings Inc. (MarketAxess) is an electronic trading platform. The Company operates as an electronic multi-party platform for the trading of fixed-income securities and provides related data analytics, compliance tools and post-trade services. The Company offers its broker-dealer clients a solution that allows them to reach institutional investor clients for the distribution and trading of bonds. The Companys trading platform provides access to global liquidity in United States high-grade corporate bonds, emerging markets and high-yield bonds, European bonds, United States agency bonds, credit derivatives and other fixed-income securities. The Companys multi-dealer trading platform allows its institutional investor clients to request bids or offers from multiple broker-dealers, and to execute trades with the broker-dealer of their choice. The Company offers various services, including Information Services, Post-Trade Services and Straight-Through Processing.

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