MarketAxess MKTX Commission Revenue — Variable Transaction Fees

Similar metrics at other companies

TWTransaction fees and commissions — Total Revenue

$523.83M+24.3%

HOODTransaction-based revenues — Total transaction-based revenues and other revenues

$623M+6.9%

MSCommissions and fees

$1.69B+14.1%

STU

STUBTransaction fees — Revenue

$440.37M+11.9%

SCHWCommissions — Revenues from contracts with customers

$489M+13.5%

AMPTransaction and other fees — Revenue from contracts with customers

$167M+5.0%

Questions, answered.

What is MarketAxess's commission revenue — variable transaction fees?

MarketAxess (MKTX) reported commission revenue — variable transaction fees of $169.97M in Q1 2026.

How has MarketAxess's commission revenue — variable transaction fees changed year-over-year?

MarketAxess's commission revenue — variable transaction fees increased by 14.8% year-over-year, from $147.99M to $169.97M.

What is the long-term trend for MarketAxess's commission revenue — variable transaction fees?

Over 4 years (2021 to 2025), MarketAxess's commission revenue — variable transaction fees has grown at a 4.6% compound annual growth rate (CAGR), from $501.58M to $600.45M.

What does commission revenue — variable transaction fees mean?

This metric represents the total fees earned based on the volume and value of trades executed through the platform. It is a key performance indicator for the core electronic trading business, directly correlating with market activity levels and client engagement. Higher fees indicate increased platform utilization and successful capture of trading flow.