MarketAxess Holdings, Inc. (MKTX) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by and welcome to the Market Access fourth quarter and full year 2025 earnings conference call. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. To withdraw your question, press star one again. As a reminder, this conference call is being recorded on February 6th, 2026. I would now like to turn the call over to Steve Davidson, Head of Investor Relations at Market Access. Please go ahead, sir. Good morning and welcome to the Market Access fourth quarter and full year 2025 earnings conference call. For the call, Chris Contanan, Chief Executive Officer, will provide you with an update on our strategy and our business, and Eileen Feazell-Beeler, Chief Financial Officer, will review our financial results. Before I turn the call over to Chris, let me remind you that today's call may include forward-looking statements. These statements represent the company's belief regarding future events that by their nature are uncertain. The company's actual results and financial condition may differ materially from what is indicated in those forward-looking statements. For a discussion of some of the risks and factors that could affect the company's future results, please see the description of risk factors in our annual report on Form 10-K for the year ended December 31st, 2024. I would also direct you to read the forward-looking statement disclaimer in our quarterly earnings release, which was issued earlier this morning and is now available on our website. Now let me turn the call over to Chris. Good morning, and thank you for joining us to review our fo...