The financial technology company's new head of Asia Pacific will lead the growth strategy for its expanding Asia Pacific business.
Based in Singapore, Riad Chowdhury will be responsible for all business operations for MarketAxess in the region, including the active expansion of the firm’s relationships with regional and global institutional investors and dealers. He reports to Christophe Roupie, head of EMEA and APAC.
Chowdhury joins from Standard Chartered Bank, where he was most recently managing director and head of global execution services for Asia. He previously held senior roles at ANZ Banking Group and Deutsche Bank, coordinating new business development and revenue growth with both Asian and international clients.
APAC Growth
«Global shifts in market structure and end-client needs are driving adoption of electronic trading across the region, and all-to-all trading and new protocol innovations are helping to drive greater liquidity and cost-efficiency for both investors and dealers,» Roupie said in the announcement.
MarketAxess operates an electronic trading platform for fixed-income securities and provides market data and post-trade services for the global fixed-income markets. In Asia, the company also has an office in Hong Kong.
