MarketAxess Holdings Inc. (MKTX) Could Face a Major Industry Shake-Up: What Investors Need to Know
Pershing Square's Q3 2026 investor letter reported 13% YoY growth in fee-related earnings to $63.7M, but tax impacts reduced distributable earnings. The firm highlighted AI infrastructure investments and market volatility opportunities. It discussed MarketAxess Holdings Inc. (MKTX) in the context of Intercontinental Exchange's $5.7B acquisition, noting synergies and growth potential. MKTX's stock has traded between $108.75 and $195.97 in the past 52 weeks, closing at $165.48 on November 3, 2026.

