MarketAxess (MKTX) Proxy filing summary

Executive summary

• Entered into a definitive agreement to be acquired by Intercontinental Exchange, Inc. (ICE), with expected closing in the first half of 2027, pending regulatory and stockholder approvals.

• The combination aims to create a comprehensive fixed-income and market infrastructure platform, leveraging both companies' technology, data, and client relationships.

• No immediate changes to employee roles, compensation, or client relationships are anticipated before closing; both companies will operate independently until then.

• Integration planning, including decisions on branding, structure, and leadership, will occur post-closing.

Voting matters and shareholder proposals

• Stockholder approval is required for the transaction to proceed, with a proxy statement to be filed for a special meeting.

• Shareholders are advised to review the proxy statement and related materials before voting.

Board of directors and corporate governance

• Directors, executive officers, and certain employees may be deemed participants in the proxy solicitation for the transaction.

• Information on directors’ and officers’ interests is available in the 2026 Definitive Proxy and will be updated in future filings.