MarketAxess Announces Proposed Secondary Public Offering of 3.6M Shares by Selling Shareholder
MarketAxess Holdings Inc. (Nasdaq: MKTX) today announced that certain of its stockholders have commenced a registered underwritten secondary public offering of an aggregate of 3,597,333 shares of MarketAxess Holdings common stock.
The selling stockholders are affiliates of J.P. Morgan Chase & Co., which currently own approximately 14 percent of the Company's outstanding common stock and non-voting common stock. The Company will not receive any of the proceeds of the offering.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.