MarketAxess has appointed Dan Burke as global head of emerging markets (EM).
As global head of EM, Burke will be responsible for the development and execution of business strategy for emerging markets in both hard currency and local markets.
Reporting to Raj Paranandi, he will lead business and product management expansion of the company’s EM trading business across geographies and products.
Previously, Burke was global head of electronic and algo trading at Standard Chartered, where he focused on the automation of the firm’s credit offering, and entry into algorithmic market making and portfolio trading.
Before this, he held several senior credit trading roles at Deutsche Bank in Singapore, and at Bank of America Merrill Lynch in Tokyo and Hong Kong.
Paranandi, chief operating officer for EMEA and APAC at MarketAxess, comments, “Burke brings a wealth of emerging markets experience and a valuable dealer perspective to MarketAxess at a time when adoption of and appetite for electronification of the asset class has grown significantly.
“There is still much more that MarketAxess can and will do to drive greater liquidity and efficiency for both investors and dealers internationally. I look forward to watching this area grow under Dan’s leadership.”
