MarketAxess Holdings Inc. (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, announces the appointment* of Scott Eaton as Chief Operating Officer for MarketAxess Europe Limited and Trax(R).
In this role, Mr. Eaton will oversee business operations for Europe, reporting to Rick McVey, Chief Executive Officer of MarketAxess. Mr. Eaton's focus will be on further growing the European business, by working with the MarketAxess and Trax teams to continue delivering innovative trading, data and post-trade solutions that help clients meet the challenges of the evolving regulatory landscape.
Mr. Eaton was most recently Managing Director, Global Head of Emerging Markets trading, with UniCredit Bank in London. Prior to this, Mr. Eaton held various Managing Director-level roles with firms including ABN Amro, the Royal Bank of Scotland and Deutsche Bank. Mr. Eaton received his Juris Doctor from Georgetown University in Washington, DC and an advanced degree from Colorado College.
Rick McVey, Chairman and CEO of MarketAxess, said: "We are very pleased to welcome Scott to MarketAxess at this critical time in the evolution of European capital markets, with the upcoming implementation of MIFID II/MiFIR. He brings an extensive background in fixed income sales and trading, and this experience will be very valuable as we continue to expand our business in the region during this period of wide-reaching regulatory and market structure changes."
Scott Eaton, Chief Operating Officer, added: "I am delighted to join MarketAxess at such an important juncture for the fixed income markets. Together, MarketAxess and Trax are uniquely positioned to offer a thoughtful and comprehensive set of solutions that help our clients to trade more efficiently, have access to timely market data tools and effectively manage their operational risk."
*Subject to approval from the Financial Conduct Authority.