MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for U.S. and European high-grade corporate bonds, emerging markets bonds and other types of fixed-income securities, today announced it has appointed Robert Hammond as Head of Sales and Dealer Relationship Management for Europe and the Middle East.
Mr. Hammond will be responsible for driving sales across the region, to further build the firm’s growing institutional network of fixed income investors and dealers. He will oversee client and dealer relationships, and manage the continued delivery of efficient and robust e-trading solutions to the fixed income marketplace. Mr. Hammond will report to Paul Ellis, Head of MarketAxess Europe.
Mr. Hammond joins MarketAxess from CME Group, where he was head of Listed Rates and OTC Clearing Solutions. Prior to this Mr. Hammond was Managing Director, Head of Fixed Income and Derivative Sales and Trading at Bank of Tokyo Mitsubishi. With over 22 years of financial markets experience, Mr. Hammond previously held senior positions in fixed income at West LB, Barclays Capital and J.P. Morgan.
Paul Ellis, head of MarketAxess Europe, said: “We are delighted to welcome Robert to the team. He has a lengthy and impressive track record of managing sales and trading businesses in the fixed income sector, and brings deep expertise in navigating the incoming regulatory mandates that will impact both our cash and derivatives businesses in Europe. We have been investing heavily in enhancements to our European fixed income platform and under Robert’s direction we are confident that we will continue to build on the increased momentum we are already seeing in the region.”
Mr. Hammond added: “MarketAxess has an unrivalled breadth of credit products on its platform and an extensive global network of institutional clients and dealers. This is a time of great opportunity for e-trading in the sector and I’m looking forward to working with Paul and the team to further build on the firm’s franchise across the region.”
