MarketAxess Announces Changeover of Main Fiscal Officer
Christopher Gerosa, MarketAxess Head of Accounting and Finance, to realize success Tony DeLise as CFO
NEW YORK, July 19, 2021 (Globe NEWSWIRE) — MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a primary digital buying and selling system for fastened-revenue securities, and the provider of market place data and put up-trade companies for the worldwide fixed-cash flow marketplaces, now declared that Tony DeLise will be transitioning from his situation as Main Economical Officer, effective August 1, 2021. Christopher Gerosa, the Company’s Head of Accounting and Finance, will thrive Mr. DeLise at that time.
Rick McVey, Chairman and CEO of MarketAxess commented, “Tony has been a thoughtful leader at every single level of our business by building a robust, international finance functionality and embodying our concepts of transparency and collaboration. His strategic attitude and significant standards of leadership have aided steer our company as a result of the early times of digital trading adoption to come to be the business leader that we are nowadays. On behalf of the Board of Administrators and the whole business, I want to thank Tony for his unwavering determination to our business and continued help.”
Mr. Gerosa has served as the Head of Accounting and Finance for MarketAxess because 2015 with world obligation for accounting, tax, treasury administration and financial arranging and assessment features. Prior to joining MarketAxess, Mr. Gerosa was the Chief Economic Officer of Primus Warranty Ltd. from 2010 to 2014 and Corporate Treasurer from April 2007 to 2014. Mr. Gerosa joined Primus in 2003 and was an integral component of taking Primus public in 2004. Just before joining Primus, he worked in the item controller regions of Deutsche Financial institution and Goldman Sachs. Mr. Gerosa began his specialist profession at Arthur Andersen. He served as a U.S. Military Nationwide Guard Infantry Officer immediately after receiving his B.B.A. from the University of Notre Dame.
“Since joining MarketAxess more than six a long time ago, Chris has additional significant benefit to our global Finance crew and has partnered intently with Tony on elevating our already significant requirements of audio monetary accounting,” Rick McVey extra. “As we look to satisfy our strategic vision of increasing efficiency in world preset revenue marketplaces, Chris’ deep market information, audio management skills and outstanding financial acumen will be properly served toward attaining our mission. I’d like to congratulate Chris on this nicely-deserved marketing.”
Mr. DeLise will be supporting the CFO transition in excess of the balance of the year and will proceed main the Trader Relations and Company Development capabilities likely forward.
About MarketAxess
MarketAxess operates a leading, institutional digital buying and selling system delivering expanded liquidity options, enhanced execution excellent and substantial cost cost savings across world fixed-earnings marketplaces. A world wide network of in excess of 1,800 firms, which include the world’s foremost asset managers and institutional broker-dealers, leverages MarketAxess’ patented investing know-how to successfully trade bonds. MarketAxess’ award-profitable Open up Trading® market is regarded as the desired all-to-all trading alternative in the world credit score marketplaces, building a exceptional liquidity pool for a broad range of credit score current market participants. Drawing on its deep details and analytical methods, MarketAxess delivers automated investing options, market facts items and a vary of pre- and write-up-trade solutions. For a lot more details, make sure you take a look at www.marketaxess.com.
Cautionary Note Regarding Ahead-Hunting Statements
This press launch might contain forward-wanting statements, which includes statements about the outlook and prospects for Firm and sector progress, as effectively as statements about the Company’s long run fiscal and running functionality. These and other statements that relate to foreseeable future benefits and events are primarily based on MarketAxess’ present expectations. The Company’s precise results in foreseeable future durations may well vary materially from people at present expected or wished-for mainly because of a selection of pitfalls and uncertainties, including: world-wide economic, political and current market components pitfalls relating to the COVID-19 pandemic, like the achievable consequences of the financial problems around the globe ensuing from the COVID-19 pandemic threats connected to the U.K. exit from the European Union the level of investing quantity transacted on the MarketAxess platform the speedily evolving mother nature of the digital fiscal services marketplace the stage and depth of competitors in the fixed-money electronic investing market and the pricing pressures that could result the variability of our advancement amount our ability to introduce new payment ideas and our clients’ reaction our skill to draw in customers or adapt our technological know-how and advertising and marketing tactic to new markets dangers relevant to our escalating intercontinental operations our dependence on our broker-seller consumers the loss of any of our important institutional trader purchasers our publicity to pitfalls resulting from non-overall performance by counterparties to transactions executed in between our shoppers in which we act as an intermediary in matched principal trades risks connected to self-clearing the influence of fast current market or technological alterations on us and the buyers of our know-how our dependence on 3rd-party suppliers for critical merchandise and expert services our potential to properly manage the integrity of our buying and selling platform and our response to process failures, ability constraints and business enterprise interruptions the incidence of design and style problems, problems, failures or delays with our platforms our vulnerability to cyber protection threats our true or perceived failure to comply with privateness and knowledge safety regulations our potential to guard our mental house legal rights or know-how and defend from intellectual assets infringement or other statements our capacity to enter into strategic alliances and to obtain other organizations and effectively combine them with our small business our dependence on our administration group and our capacity to entice and retain talent constraints on our adaptability due to the fact we run in a highly controlled sector the increasing federal government regulation of us and our shoppers our exposure to prices and penalties related to our in depth regulation our challenges of litigation and securities rules legal responsibility our potential funds wants and our means to obtain cash when desired limits on our functioning flexibility contained in our credit rating arrangement and other things. The Company undertakes no obligation to update any ahead-on the lookout statements, no matter whether as a end result of new information, long term occasions or usually. More info about these and other aspects impacting MarketAxess’ enterprise and prospective buyers is contained in MarketAxess’ periodic filings with the Securities and Trade Commission and can be accessed at www.marketaxess.com.
Media Relations Contacts:
Kyle White
MarketAxess Holdings Inc.
+1 212 813 6355
[email protected]
William McBride
RF | Binder
+1 917 239 6726
[email protected]
Trader Relations Speak to:
David Cresci
MarketAxess Holdings Inc.
+1 212 813 6027
[email protected]