Weil is advising MarketAxess Holdings Inc., a preeminent electronic trading platform for global institutional fixed income markets, in its entry into a definitive agreement to be acquired by Intercontinental Exchange, Inc. (ICE), one of the world’s leading providers of financial market technology and data powering global markets.

Under the terms of the agreement, ICE will acquire all outstanding shares of MarketAxess for $167 per share in cash, representing a 33% premium to MarketAxess’s closing price as of July 29, 2026, representing an equity value of approximately $6.0 billion and a total enterprise value of approximately $5.7 billion. The transaction has been unanimously approved by the Boards of Directors of both companies.

The Weil team is led by Mergers & Acquisitions partners Michael J. Aiello and Matthew Gilroy and includes Mergers & Acquisitions associates Joseph Diaz, Ryan Blom, Leah Soloff and Ryan D’Arco; U.S. Antitrust Co-Head Michael Moiseyev, partner Kristin Sanford, counsel Rachel Williams and associates Jordan Fason and Michael Geisler; Executive Compensation & Benefits Head Paul Wessel, partner Jack Stratton and associate Rebekah French; Employment partner Xander Tabloff, counsel Thomas Weatherill and associates Katherine Strollo and Kate Belsito; Banking & Finance partner Lindsay Flora and associates Megan Teltschik and Cedric Kim (Not Yet Admitted in New York); Governance, Securities & Reporting Co-Head Lyuba Goltser, partner Steven Bentsianov and associate Amanda Zoda; M&A Tax Head Devon Bodoh and Tax associates Carlos Parra and Ricardo Fernandez; Technology & IP Transactions partner Dennis Adams and associates Tomide Owolabi and Izzy Wang (Not Yet Admitted in New York); U.S. Privacy & Cybersecurity Head Olivia Greer and associate Brendan McNerney; and Real Estate Co-Head Jannelle Seales and associate Subrina Chowdhury.