MarketAxess has hired Sunil Daswani to its Post-Trade team as senior sales relationship manager.
Based in London, he will report to Haider Ali, head of business development for Post-Trade.
Daswani will lead business development efforts and deliver client servicing across a spectrum of post-trade products, including regulatory reporting and the MarketAxess Repo platform for trade matching.
In addition, he will provide vital support for SensAI, the firm’s AI-powered post trade solution.
Daswani joins MarketAxess, operator of an electronic trading platform for fixed income securities, following his departure from Standard Chartered Bank in November 2023.
During his three years with the bank, he was most recently global head of securities lending and client management.
In 2020, he joined the bank’s securities services division as global head of agency securities lending where he reported to Madeleine Senior, head of securities services, UK and Europe.
Prior to his term with Standard Chartered, Daswani had his first stint at MarketAxess where he was head of securities finance solutions for just shy of two years.
He helped to lead business development and strategy for MarketAxess and EquiLend’s joint solution for the Securities Financing Transactions Regulation (SFTR).
Daswani was a central figure in promoting MarketAxess’ transaction identifier portal, which aimed to solve SFTR challenges for buy-side members.
Earlier in his career, Daswani served for 15 years at Northern Trust, where he was most recently head of international securities lending for EMEA and APAC.
Daswani was also PASLA Chairman from 2004 to 2008 and previously held positions at Citi and UBS.
