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Rise of MarketAxess mirrors demise of traders on Wall Street
The news that MarketAxess was about to join an inner sanctum of corporate America stunned Rick McVey. The chief executive of the electronic bond-trading platform had just returned to his office in Hudson Yards in New York after a late-afternoon meeting, to find that the company had qualified for the S&P 500 index of the biggest US companies. Since that day in late June the company’s market capitalisation has added another $2.8bn, a reflection of its position right at the heart of sweeping changes on Wall Street.
https://finance.yahoo.com/m/f8f6a35...08/rise-of-marketaxess-mirrors.html?.tsrc=rss
The news that MarketAxess was about to join an inner sanctum of corporate America stunned Rick McVey. The chief executive of the electronic bond-trading platform had just returned to his office in Hudson Yards in New York after a late-afternoon meeting, to find that the company had qualified for the S&P 500 index of the biggest US companies. Since that day in late June the company’s market capitalisation has added another $2.8bn, a reflection of its position right at the heart of sweeping changes on Wall Street.
https://finance.yahoo.com/m/f8f6a35...08/rise-of-marketaxess-mirrors.html?.tsrc=rss
