Aditya Sharma's questions to Marketaxess Holdings Inc (MKTX) leadership • Q2 2025
Question
Aditya Sharma, filling in for Alex Blostein at Goldman Sachs, asked about the company's capital return priorities and how M&A fits into the overall strategy.
Answer
CFO Ilene Fiszel Bieler outlined the capital priorities as: first, investing in the significant organic opportunity; second, returning capital via dividends and opportunistic share repurchases; and third, pursuing bolt-on acquisitions. CEO Christopher Concannon added that the company's balance sheet is strong and the new executive team has the capacity to actively engage in and evaluate M&A opportunities.