LONDON and NEW YORK, April 16, 2019 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced the appointment of Oliver Huggins as Global Chief Risk Officer (CRO), effective as of April 15, 2019.
In his role, Mr. Huggins will manage the global enterprise risk management function at MarketAxess, reporting to Tony DeLise, Chief Financial Officer. He will also join the company’s Global Management Team.
“Oliver brings a wealth of experience in developing and growing risk functions within organisations. During his time as Group Risk COO at London Stock Exchange Group, he led the design and implementation of the risk framework across the business,” said Tony DeLise, Chief Financial Officer of MarketAxess. “His diverse background within financial services will add tremendous value to our Risk function and to the continued development and growth of our company.”
Mr. Huggins joins MarketAxess from London Stock Exchange Group (LSEG), where he served as Chief Operating Officer, Group Risk and Head of Financial Risk. He was responsible for providing leadership to the Group Risk team, ensuring the consistent application of the risk framework across all divisions and functions. Furthermore, he was integral to the design and implementation of the Group Risk strategy, leading the activities of the risk function in respect of M&A activities and coordinating group-wide responses to pressing external events.
“This is a great opportunity for me to join an ambitious, innovative yet mature fintech company with massive growth potential,” noted Mr. Huggins. “Having led other teams and organizations through periods of change before, I’m excited to join MarketAxess, and to be a part of the transformation of trading in the global credit markets.”
At LSEG, Mr. Huggins held a number of positions including Chief Operating Officer for the Rates Services function. Prior to this he held a number of senior positions at large financial institutions, including: Head of Financial Risk Management at Prudential; Executive Director, Financial Institutions Group at Goldman Sachs; and Senior Vice President at JPMorgan.
About MarketAxess
MarketAxess operates a leading, institutional electronic trading platform delivering expanded liquidity opportunities, improved execution quality and significant cost savings across global fixed-income markets. More than 1,500 firms - comprising the world’s leading asset managers and institutional broker-dealers - traded a record $1.7 trillion of U.S. investment-grade bonds, U.S. high yield bonds, emerging market debt, Eurobonds and other fixed income securities through MarketAxess’ patented trading technology in 2018. MarketAxess’ award-winning Open Trading™ marketplace is regarded as the preferred all-to-all trading solution in the global credit markets, creating a unique liquidity pool for the broad range of credit market participants. Drawing on its deep data and analytical resources, MarketAxess enables automated trading solutions and, through its Trax® division, provides a range of pre- and post-trade services and products.
MarketAxess is headquartered in New York and has offices in London, Amsterdam, Boston, Chicago, Los Angeles, Miami, Salt Lake City, San Francisco, São Paulo, Hong Kong and Singapore. For more information, please visit www.marketaxess.com
Media Relations Contacts:
Toby West (London)
+44 (0) 207 709 3270
twest@marketaxess.com
Kyle White (New York)
+1 212 813 6355
kwhite@marketaxess.com