Home/Filings/8-K/0001193125-26-021629
8-K//Current report

MARKETAXESS HOLDINGS INC 8-K

Accession 0001193125-26-021629

$MKTXCIK 0001278021operating

Filed

Jan 25, 7:00 PM ET

Accepted

Jan 26, 6:30 AM ET

Size

220.3 KB

Accession

0001193125-26-021629

Research Summary

AI-generated summary of this filing

Updated

MarketAxess Holdings Elects Douglas A. Cifu & Kenneth T. Schiciano

What Happened
MarketAxess Holdings Inc. (MKTX) announced in an 8-K that its Board elected Douglas A. Cifu and Kenneth T. Schiciano as directors on January 22, 2026, with their service to begin March 1, 2026. The Board determined both new directors are independent under NASDAQ rules and the company’s governance guidelines. A related press release was issued on January 26, 2026 and is attached as Exhibit 99.1 to the filing.

Key Details

  • Election date: Board elected Cifu and Schiciano on January 22, 2026; effective date March 1, 2026.
  • Independence: Both were determined independent under applicable NASDAQ listing rules and the company’s Corporate Governance Guidelines.
  • Compensation and conflicts: They will receive the same non-employee director compensation described in MarketAxess’s April 23, 2025 Proxy Statement; no arrangements or understandings led to their election.
  • Transactions: No reportable transactions (over $120,000) involving either director since the start of the company’s last fiscal year.
  • Committees and disclosures: Committee assignments will be decided later and disclosed via an amendment to the 8-K.

Why It Matters
Adding two independent directors can affect board composition, oversight and governance. For investors, this is a routine disclosure about board strengthening with no reported related-party transactions or special compensation beyond the standard director plan. The filing and press release provide official timing and governance details investors can use to track changes in MarketAxess’s board and oversight structure.