Justin Gmelich Elected to MarketAxess Board of Directors
October 16 2019 - 8:00AM
MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading
electronic trading platform for fixed-income securities, and the
provider of market data and post-trade services for global
fixed-income markets, today announced the election of Justin
Gmelich to its Board of Directors, effective October 15, 2019.
Mr. Gmelich has had a distinguished career in credit markets
where he was most recently Global Chief Operating Officer for Fixed
Income, Commodities, and Currencies (FICC) at Goldman Sachs.
Prior to being named COO of FICC, Mr. Gmelich was Global Head of
Credit at Goldman Sachs. Additionally, while at Goldman
Sachs, he was a member of the Firm’s Management Committee, Firmwide
Risk Committee, Securities Division Executive Committee, Securities
Division Volcker Committee and the Global Recruiting Council.
Rick McVey, Chairman and Chief Executive Officer, said, “Justin
is widely respected for his deep knowledge of the fixed income
markets, and he was instrumental in the modernization of Goldman’s
market making model where he embraced electronic trading. His
expertise on fixed income market structure will be invaluable for
MarketAxess as trading automation accelerates with dealers and
investors.”
“Technology is at the heart of innovation in financial markets
today and MarketAxess is helping shape the future,” Mr. Gmelich
noted. “MarketAxess has been a true pioneer in the global credit
markets by strengthening access to liquidity and delivering
significant advances in trading efficiency and market transparency.
I’m excited to join the MarketAxess board and be a part of
the fixed income market’s evolution.”
Mr. Gmelich’s election follows two other additions to the
MarketAxess Board of Directors this year: former BlackRock Senior
Managing Director, Richie Prager and former EY Global Vice Chair -
Talent, Nancy Altobello.
About MarketAxess
MarketAxess operates a leading, institutional electronic trading
platform delivering expanded liquidity opportunities, improved
execution quality and significant cost savings across global
fixed-income markets. A record $1.7 trillion of U.S.
investment-grade bonds, U.S. high yield bonds, emerging market
debt, Eurobonds and other fixed income securities traded through
MarketAxess’ patented trading technology in 2018. The global
community of 1,600 firms trading on MarketAxess today include the
world’s leading asset managers and institutional broker-dealers.
MarketAxess’ award-winning Open Trading™ marketplace is regarded as
the preferred all-to-all trading solution in the global credit
markets, creating a unique liquidity pool for a broad range of
credit market participants. Drawing on its deep data and
analytical resources, MarketAxess enables automated trading
solutions and, through its Trax® division, provides a range of pre-
and post-trade services and products.
MarketAxess is headquartered in New York and has offices in
London, Amsterdam, Boston, Chicago, Los Angeles, Miami, Salt Lake
City, San Francisco, São Paulo, Hong Kong and Singapore. For more
information, please visit www.marketaxess.com.
Investor Relations Contact: David Cresci
MarketAxess Holdings Inc. +1-212-813-6027
Media Relations Contact: Mary Sedarat
MarketAxess Holdings Inc. +1-212-813-6226
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