Davis Polk & Wardwell advised Credit Suisse First Boston LLC and J.P. Morgan Securities Inc. as joint book-running managers on a $63.25 million initial public offering of 5,750,000 shares of common stock of MarketAxess Holdings Inc. The shares are quoted on the Nasdaq National Market.
Based in New York, MarketAxess operates one of the leading platforms for the electronic trading of corporate bonds and certain other types of fixed-income securities.
The Davis Polk corporate team included partner Luciana Fato and associates Jeff Ramsay and Jane MacRae of the New York office and associate Connie I. Milonakis of the London office. Counsel Laura M. Barzilai and associate Laura Iannucci of the New York office provided tax advice. Counsel Marcie A. Goldstein of the New York office provided NASD advice. Christina Krause of the New York office was the legal assistant on the transaction.