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Stock-Based Compensation Plans - Additional Information (Detail) (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 1 Months Ended
Mar. 31, 2015
Jan. 31, 2015
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Unrecognized compensation costs related to non-vested $ 25.2us-gaap_EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized  
Weighted-average period over which cost is expected to be recognized 2 years 8 months 12 days  
Chief Executive Officer    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Aggregate grant date fair value   8.0us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ChiefExecutiveOfficerMember
Chief Executive Officer | Incentive Stock Options [Member]    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Number of non-option equity instruments granted during the period   119,981us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ChiefExecutiveOfficerMember
Exercise price for the shares of the Company's common stock   $ 88.25us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ChiefExecutiveOfficerMember
Percentage of fair market value of the common stock on the grant date   125.00%us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ChiefExecutiveOfficerMember
Chief Executive Officer | Performance Based Share [Member]    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Number of non-option equity instruments granted during the period   116,659us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_PerformanceSharesMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ChiefExecutiveOfficerMember
Chief Executive Officer | January 15, 2018 [Member] | Incentive Stock Options [Member]    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Share-based compensation arrangement by share-based payment award, award vesting rights 33.33%us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
/ us-gaap_AwardDateAxis
= mktx_TwoThousandEighteenMember
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ChiefExecutiveOfficerMember
 
Chief Executive Officer | January 15, 2019 [Member] | Incentive Stock Options [Member]    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Share-based compensation arrangement by share-based payment award, award vesting rights 33.33%us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
/ us-gaap_AwardDateAxis
= mktx_TwoThousandNineteenMember
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ChiefExecutiveOfficerMember
 
Chief Executive Officer | January 15, 2020 [Member] | Incentive Stock Options [Member]    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Share-based compensation arrangement by share-based payment award, award vesting rights 33.33%us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
/ us-gaap_AwardDateAxis
= mktx_TwoThousandTwentyMember
/ us-gaap_AwardTypeAxis
= us-gaap_EmployeeStockOptionMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ChiefExecutiveOfficerMember
 
Chief Executive Officer | Share-based Compensation Award, Tranche One    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Share-based compensation arrangement by share-based payment award award vesting date Jan. 15, 2018  
Chief Executive Officer | Share-based Compensation Award, Tranche Two    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Share-based compensation arrangement by share-based payment award award vesting date Jan. 15, 2019  
Chief Executive Officer | Share-based Compensation Award, Tranche Three    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Share-based compensation arrangement by share-based payment award award vesting date Jan. 15, 2020  
Employees    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Aggregate grant date fair value $ 6.5us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
/ us-gaap_TitleOfIndividualAxis
= mktx_EmployeesMember
 
Weighted-average period over which cost is expected to be recognized 3 years  
Employees | Performance Based Share [Member]    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Number of non-option equity instruments granted during the period 28,520us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_PerformanceSharesMember
/ us-gaap_TitleOfIndividualAxis
= mktx_EmployeesMember
 
Exercise price for the shares of the Company's common stock $ 36.46us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
/ us-gaap_AwardTypeAxis
= us-gaap_PerformanceSharesMember
/ us-gaap_TitleOfIndividualAxis
= mktx_EmployeesMember
 
Number of options to purchase shares of common stock 669us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_PerformanceSharesMember
/ us-gaap_TitleOfIndividualAxis
= mktx_EmployeesMember
 
Weighted-average grant date fair value per share $ 70.60us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
/ us-gaap_AwardTypeAxis
= us-gaap_PerformanceSharesMember
/ us-gaap_TitleOfIndividualAxis
= mktx_EmployeesMember
 
Employees | Restricted Stock [Member]    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Number of non-option equity instruments granted during the period 91,883us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ us-gaap_TitleOfIndividualAxis
= mktx_EmployeesMember
 
Weighted-average grant date fair value per share $ 70.54us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
/ us-gaap_AwardTypeAxis
= us-gaap_RestrictedStockMember
/ us-gaap_TitleOfIndividualAxis
= mktx_EmployeesMember
 
Minimum Performance Level [Member] | Chief Executive Officer    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Share-based compensation arrangement by share-based payment award, award vesting rights   100.00%us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
/ us-gaap_StatementScenarioAxis
= mktx_ScenarioOneMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ChiefExecutiveOfficerMember
Above the Minimum Performance Level [Member] | Chief Executive Officer | January 15, 2019 [Member]    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Share-based compensation arrangement by share-based payment award, award vesting rights   50.00%us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
/ us-gaap_AwardDateAxis
= mktx_TwoThousandNineteenMember
/ us-gaap_StatementScenarioAxis
= mktx_ScenarioTwoMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ChiefExecutiveOfficerMember
Above the Minimum Performance Level [Member] | Chief Executive Officer | January 15, 2020 [Member]    
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]    
Share-based compensation arrangement by share-based payment award, award vesting rights   50.00%us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
/ us-gaap_AwardDateAxis
= mktx_TwoThousandTwentyMember
/ us-gaap_StatementScenarioAxis
= mktx_ScenarioTwoMember
/ us-gaap_TitleOfIndividualAxis
= us-gaap_ChiefExecutiveOfficerMember