MarketAxess has hired Scott Eaton as its chief operating officer for Europe, taking responsibility for its electronic trading platform and its Trax post-trade product.
Eaton joins MarketAxess from UniCredit Bank, where he was global head of emerging markets trading.
Prior to UniCredit he held various senior roles at ABN Amro, Royal Bank of Scotland and Deutsche Bank.
He will report directly to Rick McVey, chief executive officer of MarketAxess.
Core responsibilities will include growing the fixed income platform’s European business.
“We are very pleased to welcome Scott to MarketAxess at this critical time in the evolution of European capital markets, with the upcoming implementation of MIFID II/MiFIR,” said McVey.
“He brings an extensive background in fixed income sales and trading, and this experience will be very valuable as we continue to expand our business in the region during this period of wide-reaching regulatory and market structure changes.”