MarketAxess Holdings Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income of $4,640,000 or $0.12 diluted earnings per share on total revenues of $30,009,000 compared to the net income of $1,519,000 or $0.04 diluted earnings per share on total revenues of $22,681,000 for the same quarter year ago. Income before taxes was $8,543,000 against $2,098,000 for the same period a year ago. For the nine months, the company reported net income of $10,666,000 or $0.28 diluted earnings per share on total revenues of $80,480,000 compared to the net income of $5,963,000 or $0.17 diluted earnings per share on total revenues of $71,257,000 for the same quarter year ago. Income before taxes was $19,010,000 against $9,822,000 for the same period a year ago. The company's board of directors has approved a regular quarterly dividend to be paid to the holders of the outstanding shares of capital stock. A cash dividend of $0.07 per share of common stock outstanding or issuable upon conversion of outstanding shares of non-voting common stock and Series B preferred stock will be paid on November 25, 2009 to stockholders of record as of the close of business on November 11, 2009.

MarketAxess Holdings Inc. posted a higher-than-expected quarterly profit, aided by increased investor order flow and improved liquidity on the trading system. "We would expect trade volumes to be in and around current levels, or be slightly lower year-over-year in 2010," Chief Executive Richard McVey said in a conference call with analysts. "All options are open in front of the board including buybacks and acquisitions," he said. For the third-quarter, the cash balances stood at $162 million, up from $145 million in the second quarter.

MarketAxess Holdings Inc. expected to Report Fiscal Year 2009 Results on February 1, 2010. This event was calculated by Capital IQ (Created on October 7, 2009).