Shares of MarketAxess Holdings Inc. MKTX advanced 1.38% to $546.61 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.13% to 3,662.45 and the Dow Jones Industrial Average DJIA rising 0.63% to 29,823.92. This was the stock's third consecutive day of gains. MarketAxess Holdings Inc. closed $59.84 short of its 52-week high ($606.45), which the company achieved on November 9th.
The stock underperformed when compared to some of its competitors Tuesday, as CME Group Inc. Cl A CME rose 2.36% to $179.16, Intercontinental Exchange Inc. ICE rose 1.56% to $107.16, and Nasdaq Inc. NDAQ rose 1.50% to $129.91. Trading volume (268,793) eclipsed its 50-day average volume of 232,077.