MarketAxess Holdings Soaring On Potential Sale

MarketAxess Holdings Inc. MKTX shares are soaring today, gaining more than 13% after news hit last night the company could be up for sale. According to the Wall Street Journal, the company could be worth as much as $1.5 billion, should it decide to sell itself. MarketAxess , which is an electronic bond-trading platform operator could be acquired by a number of companies, such as Bloomberg and SunGard Data Systems, among others. At last check, shares were up $3.33 to $27.38, a gain of 13.85%. Shares had touched $30.25 earlier in the session.