MarketAxess Holdings Inc. (Nasdaq:MKTX), an operator of an electronic trading platform for fixed-income securities, has appointed Scott Eaton as its newest Chief Operating Officer (COO) for MarketAxess Europe Limited and Trax, according to a MarketAxess statement.

In his new role as the COO at MarketAxess, Mr. Eaton will be tasked with managing business operations for Europe, where he will be reporting to Rick McVey, Chief Executive Officer (CEO) of MarketAxess.

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Mr. Eaton will culture MarketAxess’ European business, thereby working to continue delivering innovative trading, data and post-trade solutions aimed to help clients meet the challenges of the evolving regulatory landscape.

Mr. Eaton joins MarketAxess having served most recently as the Managing Director, Global Head of Emerging Markets trading at UniCredit Bank in London. Additional stops include senior level roles at Amro, the Royal Bank of Scotland (RBS), and Deutsche Bank.

According to Rick McVey, Chairman and CEO of MarketAxess, in a recent statement on the appointment, “We are very pleased to welcome Scott to MarketAxess at this critical time in the evolution of European capital markets, with the upcoming implementation of MIFID II/MiFIR. He brings an extensive background in fixed income sales and trading, and this experience will be very valuable as we continue to expand our business in the region during this period of wide-reaching regulatory and market structure changes.”

“I am delighted to join MarketAxess at such an important juncture for the fixed income markets. Together, MarketAxess and Trax are uniquely positioned to offer a thoughtful and comprehensive set of solutions that help our clients to trade more efficiently, have access to timely market data tools and effectively manage their operational risk,” added Mr. Eaton, in an accompanying statement.