{"id":787382,"date":"2023-10-02T11:05:06","date_gmt":"2023-10-02T15:05:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/marketaxess-completes-acquisition-of-pragma\/"},"modified":"2023-10-02T11:05:06","modified_gmt":"2023-10-02T15:05:06","slug":"marketaxess-completes-acquisition-of-pragma","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/marketaxess-completes-acquisition-of-pragma\/","title":{"rendered":"MarketAxess Completes Acquisition of Pragma"},"content":{"rendered":"

<\/p>\n

\nMarketAxess Completes Acquisition of Pragma<\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nMarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the completion of its acquisition of Pragma, a quantitative trading technology provider specializing in algorithmic and analytical services.<\/p>\n

\nChris Concannon, Chief Executive Officer of MarketAxess, commented, \u201cWe\u2019re excited to bring on the Pragma team and take our AI-powered technology solutions to the next level. We see immense potential in extending Pragma\u2019s algorithmic trading platform and quantitative execution solutions to our clients across all fixed-income products.\u201d<\/p>\n

About MarketAxess<\/b><\/p>\n

\nMarketAxess (Nasdaq: MKTX) operates a leading electronic trading platform that delivers greater trading efficiency, a diversified pool of liquidity and significant cost savings to institutional investors and broker-dealers across the global fixed-income markets. Over 2,000 firms leverage MarketAxess\u2019 patented technology to efficiently trade fixed-income securities. MarketAxess\u2019 award-winning Open Trading\u00ae marketplace is widely regarded as the preferred all-to-all trading solution in the global credit markets. Founded in 2000, MarketAxess connects a robust network of market participants through an advanced full trading lifecycle solution that includes automated trading solutions, intelligent data and index products and a range of post-trade services. Learn more at www.marketaxess.com<\/a> and on Twitter @MarketAxess<\/a>.<\/p>\n

Cautionary Note Regarding Forward-Looking Statements<\/b><\/p>\n

\nThe press release may contain forward-looking statements, including statements within the meaning of the \u201csafe harbor\u201d provisions of the United States Private Securities Litigation Reform Act of 1995 with respect to the proposed transaction, including statements regarding the benefits of the transaction and the products and markets of each company. These and other statements that relate to future results and events are based on MarketAxess\u2019 current expectations. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to the ability of MarketAxess to successfully integrate Pragma\u2019s operations, product lines, and technology. In addition, please refer to the periodic filings MarketAxess makes with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause events and results to differ materially from those contained in the forward-looking statements set forth in this press release. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. More information about these and other factors affecting MarketAxess\u2019 business and prospects is contained in MarketAxess\u2019 periodic filings with the Securities and Exchange Commission and can be accessed at www.marketaxess.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20231001530906\/en\/<\/a><\/span><\/p>\n

INVESTOR RELATIONS
\n<\/b>
Stephen Davidson
\n<\/b>
MarketAxess Holdings Inc.
\n
+1 212 813 6313
\n
sdavidson2@marketaxess.com<\/a><\/p>\n

MEDIA RELATIONS
\n<\/b>
Marisha Mistry
\n<\/b>
MarketAxess Holdings Inc.
\n
+1 917 267 1232
\n
mmistry@marketaxess.com<\/a><\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Data Management Technology Data Analytics Finance Artificial Intelligence<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

MarketAxess Completes Acquisition of Pragma NEW YORK–(BUSINESS WIRE)– MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the completion of its acquisition of Pragma, a quantitative trading technology provider specializing in algorithmic and analytical services. Chris Concannon, Chief Executive Officer of MarketAxess, commented, \u201cWe\u2019re excited to bring on the Pragma team and take our AI-powered technology solutions to the next level. We see immense potential in extending Pragma\u2019s algorithmic trading platform and quantitative execution solutions to our clients across all fixed-income products.\u201d About MarketAxess MarketAxess (Nasdaq: MKTX) operates a leading electronic trading platform that delivers greater trading efficiency, a diversified pool of liquidity and significant cost savings to institutional investors and … <\/p>\n

Continue reading “MarketAxess Completes Acquisition of Pragma”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-787382","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMarketAxess Completes Acquisition of Pragma - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/marketaxess-completes-acquisition-of-pragma\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MarketAxess Completes Acquisition of Pragma - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MarketAxess Completes Acquisition of Pragma NEW YORK–(BUSINESS WIRE)– MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the completion of its acquisition of Pragma, a quantitative trading technology provider specializing in algorithmic and analytical services. Chris Concannon, Chief Executive Officer of MarketAxess, commented, \u201cWe\u2019re excited to bring on the Pragma team and take our AI-powered technology solutions to the next level. We see immense potential in extending Pragma\u2019s algorithmic trading platform and quantitative execution solutions to our clients across all fixed-income products.\u201d About MarketAxess MarketAxess (Nasdaq: MKTX) operates a leading electronic trading platform that delivers greater trading efficiency, a diversified pool of liquidity and significant cost savings to institutional investors and … Continue reading "MarketAxess Completes Acquisition of Pragma"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/marketaxess-completes-acquisition-of-pragma\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-02T15:05:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20231001530906r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marketaxess-completes-acquisition-of-pragma\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marketaxess-completes-acquisition-of-pragma\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"MarketAxess Completes Acquisition of Pragma\",\"datePublished\":\"2023-10-02T15:05:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marketaxess-completes-acquisition-of-pragma\\\/\"},\"wordCount\":471,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marketaxess-completes-acquisition-of-pragma\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20231001530906r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marketaxess-completes-acquisition-of-pragma\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marketaxess-completes-acquisition-of-pragma\\\/\",\"name\":\"MarketAxess Completes Acquisition of Pragma - 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