Fixed income electronic trading platform MarketAxess has appointed Dan Burke as global head of emerging markets.
Burke (pictured), who joined earlier this month, has taken on responsibility for leading the business and product management expansion of MarketAxess’ emerging markets’ trading business “across geographies and products”, according to a company media release.
In his new role, London-based Burke will also be responsible for the development and execution of business strategy for the emerging markets business in both hard currency and local markets. Asia Pacific, where it has offices in Hong Kong and Singapore, and Latin America are fast-growing markets.
Daily volume with emerging markets in Q1 2024 was up 17.3% to $3.6 billion. Volumes in Latin America were up 11.1%, while volumes were up 54.8% in Asia Pacific.
Prior to his appointment at MarketAxess, Burke served as a managing director at Standard Chartered in Singapore and London in his role as global head of electronic and algo trading. He had also held several senior credit trading roles at Deutsche Bank in Singapore and Bank of America Merrill Lynch in Tokyo and Hong Kong.
FinanceAsia has reached out to MarketAxess for more information.
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