MarketAxess Holdings Inc.
SEC Document
SEC Filing
MARKETAXESS HOLDINGS INC false 0001278021 --12-31 0001278021 2024-06-05 2024-06-05





Washington, D.C. 20549






Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 5, 2024



MarketAxess Holdings Inc.

(Exact Name of Registrant as Specified in its Charter)




Delaware   001-34091   52-2230784

(State or other jurisdiction

of incorporation)



File Number)


(IRS Employer

Identification No.)

55 Hudson Yards

New York, New York 10001

(Address of principal executive offices, including zip code)

(212) 813-6000

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class




Name of each exchange

on which registered

Common Stock, par value $0.003 per share   MKTX   NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐




Item 5.03.

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On June 5, 2024, MarketAxess Holdings Inc. (the “Company”) held its 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”). At the 2024 Annual Meeting, upon the recommendation of the Company’s Board of Directors, the stockholders of the Company approved an amendment (the “Amendment”) to the Company’s amended and restated certificate of incorporation (the “Certificate of Incorporation”) to provide for exculpation of certain corporate officers as permitted by the recent amendments to the Delaware General Corporation Law (the “DGCL”). The Amendment updates Article VII of the Certificate of Incorporation to limit the personal liability of certain officers for monetary damages for breaches of fiduciary duty as an officer, except to the extent such limitation on liability is not permitted under the DGCL. The Amendment became effective upon the Company’s filing of a certificate of amendment to its Certificate of Incorporation with the Secretary of State of the State of Delaware on June 6, 2024.

The foregoing description of the Amendment is qualified in its entirety by reference to the Amendment filed as Exhibit 3.1 hereto, which is incorporated herein by reference.


Item 5.07

Submission of Matters to a Vote of Security Holders

On June 5, 2024, the Company held its 2024 Annual Meeting. A total of 34,574,215 shares of common stock were present or represented by proxy at the 2024 Annual Meeting, representing 91.9% of the issued and outstanding shares entitled to vote at the meeting. The proposals voted upon and the final results of the vote were as follows:

Proposal 1 — Election of Directors. The results were as follows:



   For      Against      Abstain      Broker

Richard M. McVey

     32,656,928        829,915        2,949        1,084,423  

Christopher R. Concannon

     33,370,231        116,470        3,091        1,084,423  

Nancy Altobello

     32,733,289        750,474        6,029        1,084,423  

Steven L. Begleiter

     33,333,636        152,890        3,266        1,084,423  

Stephen P. Casper

     31,659,605        1,820,288        9,899        1,084,423  

Jane Chwick

     32,919,396        564,401        5,995        1,084,423  

William F. Cruger

     32,796,655        686,122        7,015        1,084,423  

Kourtney Gibson

     33,443,852        35,285        10,655        1,084,423  

Carlos Hernandez

     33,476,519        10,138        3,135        1,084,423  

Richard G. Ketchum

     33,445,019        41,526        3,247        1,084,423  

Emily Portney

     33,451,173        35,514        3,105        1,084,423  

Proposal 2 — Ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024. The results were as follows:







32,115,898   2,421,592   36,725

Proposal 3 — Advisory vote on the compensation of the Company’s named executive officers as disclosed in the proxy statement pursuant to the SEC’s compensation disclosure rules (referred to as the “say-on-pay” proposal). The results were as follows:








Broker Non-Votes

31,373,447   1,635,479   480,866   1,084,423



Proposal 4 Approval of an Amendment to the Company’s Certificate of Incorporation to Limit the Liability of Certain of Our Officers as Permitted by Recent Amendments to the General Corporation Law of the State of Delaware. The results were as follows:








Broker Non-Votes

29,225,548   4,133,544   130,700   1,084,423

Proposal 5 The Company’s proposal to create a stockholder right to call a special stockholder meeting. The results were as follows:








Broker Non-Votes

29,336,300   854,399   3,299,093   1,084,423

Proposal 6 —A stockholder proposal concerning special stockholder meetings. The results were as follows:








Broker Non-Votes

16,003,781   17,481,803   4,208   1,084,423

For more information on the 2024 Annual Meeting and the foregoing proposals, see the Company’s 2024 Proxy Statement.


Item 9.01

Financial Statements and Exhibits

(d) Exhibits:


3.1    Certificate of Amendment to the Amended and Restated Certificate of Incorporation.
104    Cover Page Interactive File (the cover page tags are embedded within the Inline XBRL document).




Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


Date: June 7, 2024     By:  

/s/ Scott Pintoff

    Name:   Scott Pintoff
    Title:   General Counsel and Corporate Secretary