MarketAxess elects JPMorgan's Carlos Hernandez to board of directors

Source: MarketAxess Holdings

MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for U.S. and European high-grade corporate and emerging markets bonds, today announced that Carlos Hernandez, JPMorgan's Head of Global Equities, has been elected to the MarketAxess Board.

Mr. Hernandez has been with JPMorgan since 1986, working on a wide array of advisory and financing transactions for both corporations and governments, across various product groups and geographic regions. Prior to his current position, Mr. Hernandez spearheaded all forms of capital raising and distribution in the fixed income, syndicated loans and equity markets. Previously, Mr. Hernandez managed the Institutional Equities business for the Americas. Before joining the Equities Division, Mr. Hernandez served as JPMorgan's regional executive for Latin America. Mr. Hernandez is a member of JPMorgan's Global Investment Banking Management Committee.

"Carlos brings a deep understanding of the global capital markets to MarketAxess that will be invaluable as we expand our business into new product areas and client segments. His expertise in equity markets provides an excellent complement to the existing board, and will be instrumental in helping the Company identify new opportunities for shareholders. We are delighted to welcome Carlos to the MarketAxess Board," said Richard M. McVey, Chairman and CEO of MarketAxess.

With the election of Mr. Hernandez, MarketAxess' Board will have nine directors, six of whom are independent according to Nasdaq listing standards.

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