MarketAxess Promotes President And COO Chris Concannon To Succeed Richard McVey As CEO

RTTNews | 963 ngày trước
MarketAxess Promotes President And COO Chris Concannon To Succeed Richard McVey As CEO

(RTTNews) - The Board of Directors of electronic trading platform MarketAxess Holdings Inc. (MKTX) announced Monday that, effective April 3, 2023, Chairman and Chief Executive Officer Richard McVey will become Executive Chairman and President and Chief Operating Officer Chris Concannon will be promoted to Chief Executive Officer. Concannon will also continue to serve as a director on the Company's Board.

Prior to MarketAxess, Concannon served as President and Chief Operating Officer of Cboe Global Markets, Inc., a position he was appointed to upon Cboe's acquisition of Bats Global Markets, Inc. in 2017.

Until Bats' acquisition by Cboe, Concannon served as Chief Executive Officer of Bats since 2015. He has more than 20 years of experience as an executive at Nasdaq, Virtu Financial, Instinet and as an attorney at Morgan, Lewis & Bockius, LLP and the SEC.

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MarketAxess Q2 Profit Declines, But Top Estimates

MarketAxess Q2 Profit Declines, But Top Estimates

Electronic trading platform MarketAxess Holdings Inc. (MKTX) reported Thursday that its second-quarter net income declined to $72.62 million or $1.92 per share from $73.63 million or $1.96 per share in the prior-year quarter.
RTTNews | 479 ngày trước
MarketAxess Q2 Profit Declines, But Results Top Estimates

MarketAxess Q2 Profit Declines, But Results Top Estimates

Electronic trading platform MarketAxess Holdings Inc. (MKTX) reported Thursday that its second-quarter net income declined to $59.86 million or $1.59 per share from $66.92 million or $1.78 per share in the prior-year quarter.
RTTNews | 771 ngày trước
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 1h 1phút trước
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 1h 44phút trước
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 2h 14phút trước