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Parent Company Information - Condensed Statements of Operations and Comprehensive Income (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Expenses      
Employee compensation and benefits $ 156,885 $ 131,079 $ 109,117
Depreciation and amortization 35,996 26,857 23,080
Technology and communications 34,092 26,792 23,866
Professional and consulting fees 32,304 25,534 21,521
Occupancy 13,425 11,639 14,176
General and administrative 12,697 15,696 11,353
Total expenses 314,397 260,470 222,981
Operating (loss) income 374,728 250,882 212,584
Other income (expense)      
Investment income 2,446 8,063 6,112
Interest expense (1,142)    
Other, net (1,673) (1,521) (610)
Total other income (expense) (369) 6,542 5,502
Provision for income taxes 74,982 52,522 45,234
Net income 299,377 204,902 172,852
Comprehensive income 304,997 207,026 170,684
MarketAxess Holdings Inc. (Parent) [Member]      
Dividends from subsidiary 30,000 165,000 130,000
Expenses      
Employee compensation and benefits 19,710 16,100 10,785
Depreciation and amortization 2,068 1,919 1,760
Technology and communications 10 13 43
Professional and consulting fees 7,332 6,523 4,932
Occupancy 162 850 7,381
General and administrative 2,551 2,252 1,513
Total expenses 31,833 27,657 26,414
Operating (loss) income (1,833) 137,343 103,586
Other income (expense)      
Investment income 2,799 5,305 3,835
Interest expense (805)    
Other, net (318) (1,344) (711)
Total other income (expense) 1,676 3,961 3,124
(Loss) income before income taxes and equity in undistributed earnings of subsidiaries (157) 141,304 106,710
Provision for income taxes (23,444) (9,442) (7,350)
Income before equity in undistributed income of subsidiaries 23,287 150,746 114,060
Equity in undistributed income of subsidiaries 276,090 54,156 58,792
Net income 299,377 204,902 172,852
Other comprehensive income (loss), net 5,620 2,124 (2,168)
Comprehensive income $ 304,997 $ 207,026 $ 170,684