Former Chief Information Officer · MARKETAXESS HOLDINGS INC (MKTX)

Naineshkumar Panchal

A named executive officer of MARKETAXESS in every fiscal year CompBrief holds from FY2022 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$2,222,567

FY2024: $2,592,318

6th of 6 named executive officers at Marketaxess by FY2025 total.

6 named officers on file for MARKETAXESS, FY2025

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What this number hides

The filing gives the total. MARKETAXESS’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed April 29, 2026 (DEF 14A).

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Naineshkumar Panchal compensation by year

MARKETAXESS Summary Compensation Table · all 3 fiscal years held
In US dollars, as MARKETAXESS reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2022FY2024FY2025
Salary$333,333$450,000$450,000
Bonus$1,485,000$0$0
Stock awards$3,725,581$1,189,818$955,067
Option awards$0$0$0
Non-equity incentive$900,000$935,000$800,000
Pension and deferred compensation$0$0$0
All other$10,000$17,500$17,500
Total$6,453,915$2,592,318$2,222,567

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: MARKETAXESS HOLDINGS INC DEF 14A filed April 29, 2026, accession 0001193125-26-191601, and prior-year filings.

How this page was built: the MARKETAXESS HOLDINGS INC filed document, accession 0001193125-26-191601. Every figure is read from that document and cited to the page and table it appears in. Filed April 29, 2026.

$6.5M
$2.6M
$2.2M
FY22
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU2,698$489,013—
RSU2,658$481,763—
RSU2,468$447,325—
PSU2,468$447,325—
RSU1,781$322,806—
PSU913$165,481—
RSU302$54,738—

Per the Outstanding Equity Awards at Fiscal Year-End table in MARKETAXESS HOLDINGS INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

MARKETAXESS’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Christopher ConcannonChief Executive Officer$7,101,027
Dean BerryGroup Chief Operating Officer and Chief Executive Officer, EMEA & APAC$5,312,789
Kevin McPhersonChief Revenue Officer$2,764,805
Ilene Fiszel BielerChief Financial Officer$2,626,972
Christophe RoupieFormer Head of EMEA and APAC$2,596,742
Naineshkumar Panchal · this pageFormer Chief Information Officer$2,222,567

Naineshkumar Panchal's compensation dossier, MARKETAXESS

You have read Naineshkumar Panchal's totals and holdings. The dossier adds each equity grant MARKETAXESS disclosed for Naineshkumar Panchal and MARKETAXESS's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full MARKETAXESS compensation record

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This page is one person within MARKETAXESS's record. The company brief lists every named executive, each linking to their own page.

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are MARKETAXESS's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Naineshkumar Panchal's compensation dossier