Charles Li elected to MarketAxess Board of Directors

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NEW YORK and HONG KONG, July 19, 2021 (GLOBE NEWSWIRE) – MarketAxess Holdings Inc. (Nasdaq: MKTX), operator of a leading electronic fixed income trading platform, and data provider market and post-trade services for global fixed income markets, today announced the election of Charles Li to its board of directors, effective July 13, 2021.

Mr. Li is the former Managing Director of Hong Kong Exchanges and Clearing Ltd (HKEX), the world’s largest stock exchange operator, from 2010 to 2020. During his tenure as Managing Director, he orchestrated the expansion of HKEX in fixed income, currencies and materials the acquisition of the London Metal Exchange in 2012 and the launch of OTC Clear in 2013, as well as the improvement of mutual market access with mainland China through the programs Shanghai and Shenzhen Stock Connect and the Bond Connect initiative. Prior to joining HKEX in 2009, he was President of JP Morgan China from 2003 to 2009, before becoming President of Merrill Lynch China. Prior to joining Merrill Lynch in 1994, Mr. Li practiced law in New York at Brown & Wood and Davis Polk & Wardwell.

Rick McVey, President and CEO, said, “We are delighted to add Charles to the Board of Directors of MarketAxess at a time when fixed income markets are developing rapidly in the Asia region and trade electronics is accelerating. As Managing Director of HKEX, Charles led the company through a decade of rapid growth by adding new asset classes and embracing e-commerce. His knowledge of the market structure in Asia will be invaluable to MarketAxess as we expand our investment in the region.

Mr. Li said, “Since my involvement in the launch of Bond Connect, I have closely followed the development of the world’s leading fixed income trading platforms, such as MarketAxess, and I believe they will play a role. important in the internationalization of Asia. bond markets. I admire the impressive track record of MarketAxess and am truly excited to join the board at a time when electronic trading adoption is growing in global fixed income markets, especially as MarketAxess is building a market. Global electronics centralized through its international expansion. The Asia region is growing rapidly and now is the perfect time for me to join a global leader in electronic fixed income trading.

Mr. Li received a BA in English Literature from the University of Xiamen in China in 1984, an MA in Journalism from the University of Alabama in 1988, and a JD from Columbia Law School in 1991.

Mr. Li’s appointment comes at a time of continued growth in the Asia-Pacific region. Asia-based participants’ trading activity on MarketAxess totaled $ 23.9 billion in trading volume in 2Q21, up 37% year-over-year, underscoring the continued digitization of bond markets Asian.

About MarketAxess
MarketAxess operates a leading institutional electronic trading platform offering expanded liquidity opportunities, improved execution quality and significant cost savings in global fixed income markets. A global network of more than 1,800 companies, including the world’s leading asset managers and institutional brokers, harnesses MarketAxess patented trading technology to trade bonds efficiently. Award-winning Open Trading from MarketAxess® marketplace is considered the preferred global trading solution in the global credit markets, creating a unique liquidity pool for a wide range of credit market participants. Leveraging its in-depth data and analytical resources, MarketAxess provides automated trading solutions, market data products and a range of pre- and post-trade services. For more information, please visit www.marketaxess.com.

Investor Relations Contact:
David Cresci
MarketAxess Investments Inc.
+ 1-212-813-6027

Contacts for media relations:
Kyle White
MarketAxess Investments Inc.
+ 1-212-813-6355

Daniel Bradley
Cognito
+852 6145 7455

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