MarketAxess taps Standard Chartered for new global head of emerging markets

Incoming individual has previously held positions at Standard Chartered, Deutsche Bank and Bank of America Merrill Lynch.

Electronic trading platform MarketAxess has appointed Dan Burke as global head of emerging markets (EM), based in London.

As part of the role, Burke will be responsible for the development and execution of business strategy for the EM business in both hard currency and local markets.

Burke will also hold responsibility for business and product management expansion of MarketAxess’ EM trading business across both geographies and products.

“Dan brings a wealth of emerging markets experience and a valuable dealer perspective to MarketAxess at a time when adoption of, and appetite for, electronification of the asset class has grown significantly,” said Raj Paranandi, chief operating officer, EMEA and APAC at MarketAxess.

“There is still much more that MarketAxess can and will do to drive greater liquidity and efficiency for both investors and dealers internationally. I look forward to watching this area grow under Dan’s leadership.”

Burke joins MarketAxess from Standard Chartered, where he most recently served as managing director, based in Singapore. Elsewhere in his tenure at Standard Chartered, Burke served as global head of electronic and algo trading, based in London.

Read more: Fireside Friday with… Dan Burke

Before Standard Chartered, Burke held various senior credit trading roles at Deutsche Bank in Singapore and Bank of America Merrill Lynch in Tokyo and Hong Kong.

“I’m delighted to be joining MarketAxess, a leading solution for emerging markets trading, and a platform that I have been a client of for over 20 years,” said Burke.

“MarketAxess is well positioned to accelerate the delivery of innovative solutions in emerging markets globally, and I look forward to partnering with all market participants to take our offering to the next level.”

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