ICE · News · 20260923N
Acquisition / Partnership / Divestiture
Intercontinental Exchange, Inc. · 2026-09-23 · Importance 59 · Surprise 60 · In source text
Intercontinental Exchange has proposed acquiring MarketAxess for $167.00 per share in cash. The transaction would make MarketAxess a wholly owned ICE subsidiary, subject to shareholder approval. MarketAxess shareholders are scheduled to vote on the acquisition on October 29, 2026; its shares traded at $163.76 on September 23, 2026, or 1.9% below the offer price.
Key facts
- Shareholders are set to vote on the acquisition on October 29, 2026, which would make MarketAxess a wholly owned subsidiary of Intercontinental Exchange. source
- Intercontinental Exchange has made a proposed cash offer of $167.00 per share for MarketAxess. source
- Melania Trump is set to ring the New York Stock Exchange's opening bell on Wednesday and launch IMPERIA, an exclusive initiative for female CEOs. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | probable | — | Intercontinental Exchange has made a proposed cash offer of $167.00 per share for MarketAxess. |
| assets | positive | probable | — | Intercontinental Exchange has made a proposed cash offer of $167.00 per share for MarketAxess. |