MarketAxess is a publicly traded, independently governed company with a proven track record of creating value for its clients and shareholders.
Richard M. McVey
Richard M. McVey founded MarketAxess in April 2000 and has been Chairman and Chief Executive Officer since the firm's inception. Under his leadership, MarketAxess has emerged as the leading electronic platform for corporate bonds, creating an efficient and competitive marketplace for over 1,200 global institutional investors and broker-dealer firms to trade a broad range of credit products. Mr. McVey led the company's initial public offering in November 2004 and in 2016, the company posted record annual revenues of $370 million with a market capitalization of over $7 billion as of March 16, 2017.
MarketAxess has introduced multiple innovations in trading technology to increase the transparency and liquidity of global credit markets. The company has developed a range of new and innovative trading tools to connect bond buyers and sellers, including investor-to-multi-dealer and all-to-all electronic trading solutions. MarketAxess has been awarded 13 patents for trading technology.
Mr. McVey began his career in the futures industry and joined J.P. Morgan & Co. in 1992. From 1992 to 1996, Mr. McVey was managing director and head of J.P. Morgan's North American futures and options business, and in 1996, he was chosen to be J.P. Morgan's head of North American fixed income sales and investor client relations. Mr. McVey previously served on the board of directors of Blue Mountain Credit Alternatives L.P. and now serves on the board of directors for the Miami University Foundation and the Colby College Board of Trustees.
Mr. McVey was recently selected as an inaugural member of the SEC’s Fixed Income Market Structure Advisory Committee. The Committee’s will work closely with the SEC on the efficiency and resiliency of the fixed income markets and identify opportunities for regulatory improvements.
In 2012 Mr. McVey was Ernst & Young's "National Entrepreneur Of The Year" for financial services and has also been named to Institutional Investor's "Tech 50" nine times.
Mr. McVey received a B.A. in Finance from Miami (Ohio) University and an M.B.A. from Indiana University.