LONDON--(BUSINESS WIRE)--Feb. 15, 2012--
MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading
electronic trading platform for U.S. and European high-grade corporate
bonds, emerging markets bonds and other types of fixed-income
securities, today announced it has appointed Robert Hammond as Head of
Sales and Dealer Relationship Management for Europe and the Middle East.
Mr. Hammond will be responsible for driving sales across the region, to
further build the firm’s growing institutional network of fixed income
investors and dealers. He will oversee client and dealer relationships,
and manage the continued delivery of efficient and robust e-trading
solutions to the fixed income marketplace. Mr. Hammond will report to
Paul Ellis, Head of MarketAxess Europe.
Mr. Hammond joins MarketAxess from CME Group, where he was head of
Listed Rates and OTC Clearing Solutions. Prior to this Mr. Hammond was
Managing Director, Head of Fixed Income and Derivative Sales and Trading
at Bank of Tokyo Mitsubishi. With over 22 years of financial markets
experience, Mr. Hammond previously held senior positions in fixed income
at West LB, Barclays Capital and J.P. Morgan.
Paul Ellis, Head of MarketAxess Europe, said: “We are delighted to
welcome Robert to the team. He has a lengthy and impressive track record
of managing sales and trading businesses in the fixed income sector, and
brings deep expertise in navigating the incoming regulatory mandates
that will impact both our cash and derivatives businesses in Europe. We
have been investing heavily in enhancements to our European fixed income
platform and under Robert’s direction we are confident that we will
continue to build on the increased momentum we are already seeing in the
Mr. Hammond added: “MarketAxess has an unrivalled breadth of credit
products on its platform and an extensive global network of
institutional clients and dealers. This is a time of great opportunity
for e-trading in the sector and I’m looking forward to working with Paul
and the team to further build on the firm’s franchise across the region.”
MarketAxess operates a leading electronic trading platform that enables
investment industry professionals to efficiently trade corporate bonds
and other types of fixed-income instruments. MarketAxess’ patented
trading technology allows institutional investor clients to request
competitive, executable bids or offers from multiple broker-dealers
simultaneously, and to execute trades with the broker-dealer of their
choice. Over 850 institutional investors are active users of the
MarketAxess trading platform, accessing the global liquidity provided by
MarketAxess’ 87 broker-dealer clients in U.S. high-grade corporate
bonds, European bonds, high yield and emerging markets bonds, agency
bonds, asset-backed and preferred securities and credit default swaps.
MarketAxess also offers a number of trading-related products and
services, including: market data to assist clients with trading
decisions; connectivity solutions that facilitate straight-through
processing; technology services to optimize trading environments; and
execution services for exchange-traded fund managers and other clients.
MarketAxess maintains its headquarters in New York and has offices in
London, Chicago, Salt Lake City, Hong Kong and Singapore. For more
information, please visit www.marketaxess.com.
Source: MarketAxess Holdings Inc.
McBride & Associates
Judith Flynn, + 1-917-902-9726