Categories: Analysis

MarketAxess Names Dan Burke Global Head of Emerging Markets

MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic fixed income trading platform, 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 developing and implementing the business strategy for the EM business in both hard currency and local markets. He will lead the business and product management expansion of the company’s EM trading business across all regions and products.

Raj Paranandi, Chief Operating Officer, EMEA & APAC at MarketAxess, commented: “Dan brings extensive emerging markets experience and a valuable trader perspective to MarketAxess at a time when adoption and appetite for the electronification of the asset class has increased significantly. MarketAxess can and will do much more to increase liquidity and efficiency for both investors and traders internationally. I look forward to watching this division grow under Dan’s leadership.”

Most recently, Mr. Burke served as Global Head of Electronic and Algo Trading as Managing Director at Standard Chartered in Singapore and London. During his time there, he played a strategic role in automating the company’s credit offering and moving into algorithmic market making and portfolio trading. Prior to joining Standard Chartered, Mr. Burke held several senior credit trading positions at Deutsche Bank in Singapore and Bank of America Merrill Lynch in Tokyo and Hong Kong.

“I am excited to join MarketAxess, a leading emerging markets trading solution and a platform I have been a customer of for over 20 years. MarketAxess is well positioned to accelerate the delivery of innovative solutions in emerging markets worldwide and I look forward to working 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.

David Brooks

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