MarketAxess Holdings Inc, the operator of a leading electronic trading platform for fixed-income securities, announced the election of Carlos Hernandez to its Board of Directors, effective September 13, 2023. The appointment marks a return of Mr. Hernandez to the MarketAxess Board, having served as a Director from 2006 to 2019. Mr. Hernandez will serve on the Finance Committee.
Mr. Hernandez recently retired from JPMorgan Chase following a distinguished career as a leader of the firm and a member of its Operating Committee. Most recently, he was the Executive Chair of Investment and Corporate Banking, responsible for the firm’s Investment Banking and Corporate Banking businesses. Prior to this position, he was Global Head of Investor Services and led JPMorgan’s Global Equities and Prime Services business.
Throughout his career, Mr. Hernandez has been forward-thinking about electronic trading solutions and financial market structure. He spearheaded JPMorgan’s early efforts in electronic equity trading with the acquisition of Neovest and investments in other alternative electronic equity platforms.
“We are delighted to welcome Carlos back to the MarketAxess Board. His extensive experience leading teams that serve the world’s top corporations and institutions, coupled with his deep global markets knowledge and a clear sense of the future direction of investment managers and banks, will be invaluable as we pursue the many opportunities in front of us in the years ahead,” said Rick McVey, Founder and Executive Chairman of MarketAxess.
“MarketAxess is at the forefront of important market structure and technology innovations that are transforming the global fixed-income markets. I’m excited to rejoin Rick, Chris Concannon, and the rest of the MarketAxess Board in continuing to advance and strengthen the efficiency, transparency, and liquidity of global bond markets,” said Carlos Hernandez.
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