The head of accounting and finance at MarketAxess has been promoted to succeed Tony DeLise as CFO.
Charles Li has been elected to the board of directors at fixed income platform provider MarketAxess after stepping down as CEO at HKEX.
Multi-directional and multi-currency lists will be supported for portfolio trading at MarketAxess as protocol continues to grow in fixed income.
The bank will contribute to price streaming for US investment grade corporate bonds for MarketAxess’ institutional credit markets order book, MarketAxess Live Markets.
New Diversity Dealer initiative is aimed at expanding credit trading among minority, women and veteran owned broker dealers on the MarketAxess platform.
The acquisition of electronic venue MuniBrokers has expanded the municipal bond trading business at MarketAxess after terms were agreed in September.
In March, MarketAxess reported record monthly trading volume for credit and its all-to-all trading platform Open Trading.
Raj Paranandi joins MarketAxess as chief operating officer for EMEA and APAC after ten years with UBS.
The marketplace combines credit and rates trading capabilities from MarketAxess in a single location while giving traders access to US treasury liquidity.
The Deutsche Börse regulatory reporting business was acquired through Trax NL, a subsidiary of MarketAxess in the Netherlands.