MarketAxess Holdings Inc. Updates Corporate Governance with New By-laws

Details

updated its Amended and Restated By-laws, allowing stockholders owning 25% or more of the Company's outstanding common stock to call a special meeting of stockholders. The Board of Directors also modernized the advance notice requirements for the nomination of directors and the proposal of business by stockholders, streamlined officer duties and responsibilities, and updated the director and officer indemnification provisions. These changes were approved by the Board of Directors and are effective immediately.

Items reported

Exhibits (1)

About MarketAxess Holdings Inc.

MarketAxess Holdings Inc. is a leading operator in the electronic trading platform sector for fixed-income securities. Specializing in the facilitation of bond trading, MarketAxess enhances market efficiency by providing a centralized exchange where institutional investors can engage in seamless transactions of corporate bonds, treasuries, and emerging market debt. Utilizing innovative technology, the company enables efficient price discovery, liquidity aggregation, and trade execution in a traditionally opaque market segment. MarketAxess stands out with features such as its proprietary Open Trading platform, which extends anonymous, all-to-all trading capabilities, thus enhancing access to a broad array of market participants. The firm also integrates data and analytical tools that empower users with valuable market insights and improved decision-making processes. Serving sectors like asset management, banking, and insurance, it plays a pivotal role in modernizing and streamlining the bond trading landscape. Headquartered in New York, MarketAxess' impact is significant in the global financial markets, promoting greater transparency and efficiency. By fostering competitive and fair trading environments, it continues to redefine how fixed-income markets operate, catering to varied institutional needs around the world.