ICE · News · 20260929N
Acquisition / Partnership / Divestiture
Intercontinental Exchange, Inc. · 2026-09-29 · Importance 61 · Surprise 60 · In source text
ICE plans to acquire MarketAxess for approximately $5.7 billion in cash, offering $167.00 per MarketAxess share. The transaction would add more than 2,100 institutional firms and expand ICE’s fixed-income and data platform. MarketAxess shareholders are scheduled to vote on the transaction on October 29, 2026, with closing anticipated in the first half of 2027 subject to approval and other conditions.
Key facts
- Intercontinental Exchange is set to acquire MarketAxess for $5.7 billion. source
- The MarketAxess acquisition will add over 2,100 institutional firms to Intercontinental Exchange's fixed income and data platform. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | probable | +1.6% | Intercontinental Exchange is set to acquire MarketAxess for $5.7 billion. |