MarketAxess Holdings Inc.
MarketAxess Holdings Inc. (NASDAQ: MKTX) is trading at $163.90, about ₹15,737 at today's USD/INR rate, as of 25 Sep 2026, 9:50 AM ET, up 0.08% today. Indian residents can buy MarketAxess from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$163.72
Today's high
$163.98
52 week low
$108.75
52 week high
$195.97
MKTX opened at $163.75, closed previously at $163.77, and has traded between $108.75 and $195.97 over the past 52 weeks.
About
MarketAxess Holdings Inc. develops and operates a premier electronic trading platform, serving institutional investors and broker-dealers globally. This platform provides essential access to deep liquidity across a broad spectrum of fixed-income assets, including U.S. investment-grade and high-yield corporate bonds, U.S. Treasuries, municipal bonds, emerging market debt, and Eurobonds, among other debt securities. Through its innovative Open Trading protocols, the company facilitates anonymous, "all-to-all" corporate bond transactions between its diverse client base. Beyond its core trading capabilities, MarketAxess offers a comprehensive array of value-added products and services. These include Composite+ pricing and other sophisticated market data tools designed to inform trading strategies, as well as auto-execution and custom workflow solutions. The company also provides robust connectivity to ensure straight-through processing and specialized technology services aimed at optimizing trading environments. Additionally, MarketAxess delivers vital pre- and post-trade support, covering trade matching, publication, regulatory reporting, and extensive market and reference data for a wide range of financial instruments. Founded in 2000, MarketAxess Holdings Inc. maintains its headquarters in New York, New York.
Key statistics
Avg. volume
972.71K
Market cap
$5.77B
P/E Ratio
19.30
Price-to-sales ratio
6.63
Enterprise value
$5.70B
Free cash flow yield
2.77%
Debt-to-equity ratio
0.14
Return on equity
24.74%
ROIC
19.93%
Beta
0.82
Dividend yield
1.89%
Last dividend
$3.10
Financial overview
Revenue
$849.20M
Earnings per share
$6.66
Free cash flow
$373.94M
Net profit margin
35.23%
Gross margin
67.52%
EBITDA
$452.70M
Revenue growth
3.82%
Similar securities
This is not an investment recommendation
How to buy MarketAxess from India
Indian residents can buy MarketAxess shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for MarketAxess and place an order
Find MarketAxess by name or by its ticker, MKTX, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. MarketAxess trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your MarketAxess position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in MarketAxess from India
Trading and taxes when buying MarketAxess from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. MarketAxess’ current yield is 1.89%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy MarketAxess stock?
Yes. MarketAxess (MKTX) has been listed on NASDAQ since 2004, in the Financial - Capital Markets industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one MarketAxess share cost in rupees?
One MarketAxess share is $163.90 — about ₹15,737 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the MarketAxess price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying MarketAxess from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy MarketAxess with less than the price of one share?
Yes. A whole MarketAxess share is $163.90, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on MarketAxess shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the MarketAxess price. Paasa issues a capital-gains statement for your return.
Does MarketAxess pay a dividend, and how is it taxed in India?
Yes. MarketAxess pays a dividend and the current yield is 1.89%; the last declared dividend was $3.10 per share, about ₹297.66. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade MarketAxess from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on MarketAxess shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare MarketAxess shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your MarketAxess holding, its cost and its closing value.
How do I sell MarketAxess and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.