MarketAxess Holdings Inc. (MKTX) Q4 2022 Earnings Call Transcript

MarketAxess Holdings Inc. (NASDAQ:MKTX) Q4 2022 Earnings Conference Call January 25, 2023 10:00 AM ET

Company Participants

Stephen Davidson - Head of Investor Relations

Richard McVey - Chairman and Chief Executive Officer

Chris Concannon - President and Chief Operating Officer

Christopher Gerosa - Chief Financial Officer

Conference Call Participants

Richard Repetto - Piper Sandler

Christopher Allen - Citigroup

Kyle Voigt - KBW

Gautam Sawant - Credit Suisse

Alex Blostein - Goldman Sachs

Daniel Fannon - Jefferies

Michael Cyprys - Morgan Stanley

Brian Bedell - Deutsche Bank

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the MarketAxess Fourth Quarter and Full Year 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference call is being recorded on January 25th, 2023.

I'd now like to turn the call over to Steve Davidson, Head of Investor Relations at MarketAxess. Please go ahead, sir.

Stephen Davidson

Thank you, Chris. Good morning, and welcome to the MarketAxess fourth quarter and full year 2022 earnings conference call. For the call, Rick McVey, Chairman and Chief Executive Officer, will provide a strategic update for the company. Chris Concannon, President and COO, will review key business trends and then Chris Gerosa, Chief Financial Officer, will walk you through the financial results for the quarter.

Before I turn the call over to Rick, let me remind you that today's call may include forward-looking statements. These statements represent the company's belief regarding future events that by their nature are uncertain. The company's actual results and financial condition may differ materially from what is indicated in those forward-looking statements.

For a discussion of some of the risks and factors that could affect the company's future results, please see the description of risk factors in our annual report on Form 10-K for the year ended December 31st, 2021. I would also direct you to read the forward-looking statement disclaimer in our quarterly earnings release, which was issued earlier this morning, and is now available on our website.

Now let me turn the call over to Rick.

Richard McVey

Good morning and thank you for joining us to review our fourth quarter and full year results. We continued to execute our growth strategy and delivered the third consecutive quarter of record market share gains across nearly all our product areas.