MarketAxess Holdings Inc. will expand its portfolio of traded products and open itself to more competitors with the recently announced $150 million acquisition of LiquidityEdge, a marketplace for U.S. Treasury trading. Already an operator of an electronic platform for trading fixed income securities, MarketAxess is purchasing LiquidityEdge via $100 million in cash and $50 million… Read More >>
NEX Exchange Names TriOptima COO to Board
NEX Exchange Names TriOptima COO to Board NEX Exchange, the U.K. stock exchange for small and medium companies formerly known as ISDX, reports that it has appointed Mireille Dyrberg to its board as a non-executive director. The exchange, which also had an incarnation as PLUS Markets, is part of the NEX Group, previously known as… Read More >>
Richard Ketchum Re-Emerges at MarketAxess
Richard Ketchum Joins MarketAxess Board of Directors Richard G. Ketchum, a Nasdaq and SEC veteran and former chairman and CEO of the Financial Industry Regulatory Authority (FINRA), will be serving on the board of directors of MarketAxess Holdings Inc., as of April 1, 2017, officials say. In his career, Ketchum has served in many senior… Read More >>
MarketAxess Europe Uses Ancoa for Bond Trading Scrutiny
Bond trading platform MarketAxess Europe has deployed surveillance and analytics software from vendor Ancoa to meet the fixed income oversight requirements of the Market Abuse Regulation (MAR) directive, which took effect in the E.U. July 3. The MAR regulations update the existing Market Abuses Directive (MAD) framework by “extending its scope to new markets and… Read More >>
MarketAxess, EMTA Raise Funds for Charities in Emerging Markets
MarketAxess Holdings Inc., a fixed income securities electronic trading platform operator, reports that it will again donate to charity all EM transaction revenues from its twelfth annual Emerging Market (EM) Charity Trading Day, which was held on September 24. That means somewhere in the neighborhood of $80,000 to $100,000 going to disadvantaged children and others… Read More >>
Trax Expands Euro Management with Senior Hires
Trax, a provider of regulatory transaction reporting, financial market data and trade matching services for European securities markets, and a wholly owned subsidiary of MarketAxess Holdings, has named Chris Smith head of post-trade services, and Kevin Swann head of data. Smith, an industry veteran, joins Trax from NYSE Euronext, where he was responsible for the… Read More >>
John Bates Takes on Big Data for Software AG as Liquid Holdings Grows Sales Team
John Bates Takes on CTO Post for Big Data at Software AG Software AG has appointed Dr. John Bates to the position of chief technology officer (CTO) for the Intelligent Business Operations and Big Data division, officials confirm. Bates who assumed his new post in July will also serve as a member of the group… Read More >>
DTCC’s Bodson is Omgeo’s Chairman as Clearstream’s CIO/CTO Exits
DTCC’s Bodson to Serve as Omgeo’s Chairman Post-trade solutions provider Omgeo has a new chairman in Michael Bodson, president and CEO of the DTCC, which earlier this month completed its acquisition of Omgeo. Bodson, who joins Omgeo’s board of managers, will take on the role from Andrew Gray, managing director of Core Business Management at… Read More >>
