MarketAxess Holdings Inc. (MKTX) announced it has received early termination of the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act for its pending merger with Intercontinental Exchange, Inc. This action satisfies a key U.S. antitrust condition required for the acquisition to proceed.

Key Details

  • Regulatory Milestone: The Department of Justice and the Federal Trade Commission granted the early termination, effective October 21, 2026.
  • Transaction Context: The approval is related to the previously announced merger agreement from July 29, 2026, where MarketAxess will be acquired by Intercontinental Exchange, Inc.
  • Next Steps: The merger remains subject to other customary closing conditions, including approval by MarketAxess stockholders and the receipt of other required regulatory approvals.