MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced the appointment of John Maggiacomo as Head of Client Sales in North America.
In this newly created role, Mr. Maggiacomo will be responsible for sales leadership for the North America Client Sales business, focusing on expanding and deepening the institutional client footprint across all MarketAxess product areas.
Kevin McPherson, Chief Revenue Officer of MarketAxess, commented, “John brings with him extensive fixed income sales experience and strong industry relationships. I am confident that his deep fixed income product knowledge, including his High Yield expertise, strategic vision and leadership will contribute significantly to our success in the region.”
Mr. Maggiacomo most recently served as Head of US Credit Sales at Royal Bank of Canada (RBC). During his time there, he played a strategic role in growing the secondary credit businesses with a dedicated focus on leveraged finance. Prior to joining RBC, Mr. Maggiacomo spent much of his career at Bank of America Merrill Lynch, where he was Managing Director, Credit Sales.
“MarketAxess is a force in fixed income trading, driving meaningful improvements in trading efficiency and expanding trading opportunities for dealers and investors. In today's rapidly evolving environment of increased electronification and regulation, the opportunity to deliver innovative solutions and differentiated insights to our clients is tremendously exciting. We are eager to continue redefining the playing field, providing a distinct competitive edge to our clients,” said Mr. Maggiacomo.
Mr. Maggiacomo is based in New York and reports to Kevin McPherson.