David Krein, MarketAxess Research
"MarketAxess has an impressive track record of leadership and innovation in electronic trading, and sits at the center of exciting changes in the global fixed-income markets."
London - MarketAxess Holdings, the operator of an electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, has announced the appointment of David Krein as Head of MarketAxess Research.
Mr. Krein will be responsible for spearheading the firm's market research and analysis for the institutional credit markets. MarketAxess Research leverages the firm's extensive real-time and historical fixed-income trade data, as well as market data from FINRA TRACE and Trax, to develop market insights that help inform trading and execution strategy. Highlights include REXIQ, a benchmarking tool for transaction cost analysis in the fixed-income markets and the MarketAxess Bid-Ask Spread Index (BASI), a liquidity gauge for the U.S. high grade, high yield and European corporate bond markets.
Mr. Krein joins MarketAxess from NASDAQ OMX Global Indexes where he was head of Research. In this capacity, he led the research and development of index methodologies across asset classes. Prior to this, he held a senior position in product development and analytics at S&P Dow Jones Indices. He also founded DTB Capital. Mr. Krein also spent more than 10 years in various trading, structuring and technology positions at leading investment banks, including UBS and Merrill Lynch.
Kevin McPherson, global head of Sales, MarketAxess said: "David brings a wealth of experience in research and product development at some of the leading global firms in financial services. His knowledge and expertise will allow us to continue to offer valuable insights to our clients as electronic trading gains momentum in fixed-income markets worldwide."
David Krein added: "MarketAxess has an impressive track record of leadership and innovation in electronic trading, and sits at the center of exciting changes in the global fixed-income markets. The wealth of data available to MarketAxess enables us to offer unique insights and analysis for global market participants in support of their trading and investment decisions."