Long MKTX - Enjoying Turbulence in the Bond Market

Marketaxess (MKTX) operates an electronic trading platform that enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments worldwide.

  • Impressive relative strength today in the face of a huge market-wide sell off
  • Business is on the up and up as the bond market trades in panic.
  • Expect volumes to pick up throughout the fed's quest to increase interest rates.
  • Possibly M&A Target for bulge bracket banks

Duration: Indefinite 

Stop price is $102.

Daily Chart

Daily Chart

MKTX EPS/Revenue