VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Wednesday, January 7, 2026
Stock Comparison
MarketAxess Holdings Inc. vs Spotify Technology S.A.
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
MarketAxess Holdings Inc.
MKTX · NASDAQ Global Select Market
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into MarketAxess Holdings Inc.'s moat claims, evidence, and risks.
View MKTX analysisSpotify Technology S.A.
SPOT · New York Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Spotify Technology S.A.'s moat claims, evidence, and risks.
View SPOT analysisComparison highlights
- Moat score gap: MarketAxess Holdings Inc. leads (74 / 100 vs 65 / 100 for Spotify Technology S.A.).
- Segment focus: MarketAxess Holdings Inc. has 2 segments (87.1% in Trade Execution Solutions); Spotify Technology S.A. has 2 segments (88.2% in Premium (subscription)).
- Moat breadth: MarketAxess Holdings Inc. has 6 moat types across 3 domains; Spotify Technology S.A. has 6 across 4.
Primary market context
MarketAxess Holdings Inc.
Trade Execution Solutions
Electronic fixed-income trade execution platforms (credit and rates)
Global
Institutional investors, broker-dealers, and alternative liquidity providers
Electronic trading venue / marketplace operator
87.1%
Spotify Technology S.A.
Premium (subscription)
Paid music and audio streaming subscriptions
Global
Consumers (end-users) and distribution partners (e.g., telcos)
Streaming platform operator
88.2%
Side-by-side metrics
Moat coverage
Shared moat types
MarketAxess Holdings Inc. strengths
Spotify Technology S.A. strengths
Segment mix
MarketAxess Holdings Inc. segments
Full profile >Trade Execution Solutions
Oligopoly
Services (Data, Post-Trade and Technology)
Competitive
Spotify Technology S.A. segments
Full profile >Premium (subscription)
Oligopoly
Ad-Supported (advertising)
Competitive
Want the full wide moat stocks list?
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View the moat stocks listLooking for expansion-stage stocks?
Proven models entering the expansion stage with unit economics that work.
View expansion-stage stocksCuration & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.