MarketAxess Holdings Inc.'s (MKTX) CEO Richard McVey on Q1 2022 Results - Earnings Call Transcript

MarketAxess Holdings Inc. (NASDAQ:MKTX) Q1 2022 Earnings Conference Call April 20, 2022 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 & Co.

Brian Bedell - Deutsche Bank AG

Kyle Voigt - Keefe, Bruyette & Woods, Inc.

Sean Horgan - Rosenblatt Securities Inc.

Gautam Sawant - Credit Suisse AG

Patrick O'Shaughnessy - Raymond James & Associates, Inc.

Daniel Fannon - Jefferies LLC

Michael Cyprys - Morgan Stanley

Christopher Allen - Compass Point Research & Trading, LLC

Alexander Blostein - Goldman Sachs Group Inc.

Operator

Ladies and gentlemen, welcome to the MarketAxess First Quarter 2022 Earnings Conference Call. Thank you for standing by. 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 April 20, 2022.

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

Stephen Davidson

Good morning, and welcome to the MarketAxess first quarter 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 the progress we are making on our growth initiatives; 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 beliefs 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 31, 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