Intercontinental Exchange to Acquire MarketAxess for $6B in Cash
Deals·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Intercontinental Exchange has agreed to acquire the electronic fixed-income trading platform MarketAxess for approximately $6 billion in cash, representing a 33% premium. The acquisition is expected to close in the first half of 2027.
This deal marks a significant step for Intercontinental Exchange into the fixed-income trading market, enhancing its portfolio and capabilities in this sector.
Intercontinental ExchangeMarketAxess
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Acquisition marks a significant step by Intercontinental Exchange into fixed-income trading”
FT — NYSE owner to buy bond platform MarketAxess in $5.7bn deal“Intercontinental Exchange agrees to acquire electronic fixed-income trading platform MarketAxess for ~$6B in cash, a 33% premium, set to close in H1 2027”
techmeme — Intercontinental Exchange agrees to acquire electronic fixed-income trading platform MarketAxess for ~$6B in cash, a 33% premium, set to close in H1 2027 (Katherine Hamilton/Wall Street Journal)