MarketAxess MKTX Commission Revenue — Distribution Fees And Unused Minimum Fees

Similar metrics at other companies

AMPDistribution fees — Revenue from contracts with customers

$847M+7.4%

VCTRFund Distribution Fee — Revenue

$23.53M+340%

VCTRFund Administration And Distribution Fees — Revenue

$71.62M+54.7%

BK

BKDistribution and servicing fees — Total fee and other revenue – contract revenue

$37M+2.8%

IVZService and distribution fees — Total operating revenues

$301.8M-18.6%

VCTRFund Administration And Distribution Fees Receivable

$25.86M+61.5%

Questions, answered.

What is MarketAxess's commission revenue — distribution fees and unused minimum fees?

MarketAxess (MKTX) reported commission revenue — distribution fees and unused minimum fees of $33.51M in Q1 2026.

How has MarketAxess's commission revenue — distribution fees and unused minimum fees changed year-over-year?

MarketAxess's commission revenue — distribution fees and unused minimum fees increased by 0.5% year-over-year, from $33.35M to $33.51M.

What is the long-term trend for MarketAxess's commission revenue — distribution fees and unused minimum fees?

Over 4 years (2021 to 2025), MarketAxess's commission revenue — distribution fees and unused minimum fees has grown at a 3.0% compound annual growth rate (CAGR), from $119.43M to $134.18M.

What does commission revenue — distribution fees and unused minimum fees mean?

This metric encompasses recurring revenue from platform access agreements, including distribution fees and penalties or charges for unused minimum trading commitments. It provides a stable, predictable baseline of income that is less sensitive to daily market volatility than transaction-based fees. This revenue stream reflects the strength of the firm's long-term client subscription and service contracts.