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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues      
Commissions $ 221,138us-gaap_FeesAndCommissionsOther $ 203,652us-gaap_FeesAndCommissionsOther $ 174,199us-gaap_FeesAndCommissionsOther
Information and post-trade services 31,510mktx_InformationAndPostTradeServicesRevenue 25,377mktx_InformationAndPostTradeServicesRevenue 7,435mktx_InformationAndPostTradeServicesRevenue
Technology products and services 6,874us-gaap_TechnologyServicesRevenue 6,331us-gaap_TechnologyServicesRevenue 4,988us-gaap_TechnologyServicesRevenue
Investment income 543us-gaap_NetInvestmentIncome 420us-gaap_NetInvestmentIncome 1,057us-gaap_NetInvestmentIncome
Other 2,709us-gaap_OtherIncome 2,953us-gaap_OtherIncome 3,161us-gaap_OtherIncome
Total revenues 262,774us-gaap_Revenues 238,733us-gaap_Revenues 190,840us-gaap_Revenues
Expenses      
Employee compensation and benefits 74,995us-gaap_LaborAndRelatedExpense 64,406us-gaap_LaborAndRelatedExpense 54,678us-gaap_LaborAndRelatedExpense
Depreciation and amortization 17,379us-gaap_DepreciationAndAmortization 14,123us-gaap_DepreciationAndAmortization 6,758us-gaap_DepreciationAndAmortization
Technology and communications 17,685us-gaap_CommunicationsAndInformationTechnology 16,037us-gaap_CommunicationsAndInformationTechnology 12,523us-gaap_CommunicationsAndInformationTechnology
Professional and consulting fees 14,375us-gaap_ProfessionalFees 18,220us-gaap_ProfessionalFees 12,150us-gaap_ProfessionalFees
Occupancy 4,381us-gaap_OccupancyNet 5,173us-gaap_OccupancyNet 2,446us-gaap_OccupancyNet
Marketing and advertising 5,769us-gaap_MarketingAndAdvertisingExpense 4,632us-gaap_MarketingAndAdvertisingExpense 5,169us-gaap_MarketingAndAdvertisingExpense
General and administrative 9,654us-gaap_GeneralAndAdministrativeExpense 8,862us-gaap_GeneralAndAdministrativeExpense 7,746us-gaap_GeneralAndAdministrativeExpense
Total expenses 144,238us-gaap_OperatingCostsAndExpenses 131,453us-gaap_OperatingCostsAndExpenses 101,470us-gaap_OperatingCostsAndExpenses
Income before income taxes from continuing operations 118,536us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 107,280us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 89,370us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Provision for income taxes 43,730us-gaap_IncomeTaxExpenseBenefit 38,717us-gaap_IncomeTaxExpenseBenefit 27,586us-gaap_IncomeTaxExpenseBenefit
Net income from continuing operations 74,806us-gaap_IncomeLossFromContinuingOperations 68,563us-gaap_IncomeLossFromContinuingOperations 61,784us-gaap_IncomeLossFromContinuingOperations
Loss from discontinued operations, net of income taxes   (189)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax (1,715)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
Gain on the sale of discontinued operations, net of tax benefit   7,642us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax  
Net income $ 74,806us-gaap_NetIncomeLoss $ 76,016us-gaap_NetIncomeLoss $ 60,069us-gaap_NetIncomeLoss
Basic earnings per common share      
Income from continuing operations $ 2.03us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.86us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.69us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Income (loss) from discontinued operations   $ 0.20us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ (0.04)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Net income per common share $ 2.03us-gaap_EarningsPerShareBasic $ 2.06us-gaap_EarningsPerShareBasic $ 1.65us-gaap_EarningsPerShareBasic
Diluted earnings per common share      
Income from continuing operations $ 1.97us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.81us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.64us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Income (loss) from discontinued operations   $ 0.20us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ (0.05)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Net income per common share $ 1.97us-gaap_EarningsPerShareDiluted $ 2.01us-gaap_EarningsPerShareDiluted $ 1.59us-gaap_EarningsPerShareDiluted
Cash dividends declared per common share $ 0.64us-gaap_CommonStockDividendsPerShareDeclared $ 0.52us-gaap_CommonStockDividendsPerShareDeclared $ 1.74us-gaap_CommonStockDividendsPerShareDeclared
Weighted average shares outstanding      
Basic 36,930us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 36,886us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 36,516us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 37,889us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 37,888us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 37,816us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding