MarketAxess appoints Dan Burke global head, emerging markets

MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the appointment of Dan Burke as Global Head of Emerging Markets (EM).

As Global Head of EM, Mr. Burke will be responsible for the development and execution of business strategy for the EM business in both hard currency and local markets. He will lead business and product management expansion of the company’s EM trading business across geographies and products.

Raj Paranandi, Chief Operating Officer, EMEA & APAC at MarketAxess, commented, “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. 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.”

Mr. Burke most recently served as Managing Director at Standard Chartered in Singapore and London in his role as Global Head of Electronic and Algo Trading. During his time there, he played a strategic role in the automation of the firm’s credit offering and entry into algorithmic market making and portfolio trading. Prior to joining Standard Chartered, Mr. Burke held several 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. 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,” said Mr. Burke.

Mr. Burke is based in London and reports to Raj Paranandi.

By on Mon, 29 Apr 2024 13:35:00 GMT
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