MarketAxess Adds Douglas Cifu and Kenneth Schiciano to Board

By Chris Stiles • Monday, January 26 16:40 • Permanent Link

MarketAxess Holdings Inc. (NASDAQ: MKTX) has announced the election of Douglas Cifu and Kenneth Schiciano to its board of directors, effective March 1, 2026. Douglas Cifu, the co-founder of Virtu Financial, brings deep fintech and regulatory expertise from building a major global market maker. Kenneth Schiciano, a senior advisor at TA Associates, has more than three decades of financial technology and private equity experience. MarketAxess CEO Chris Concannon expressed confidence that both individuals will provide invaluable insight as the company continues investing in next-generation trading protocols and data-driven solutions.

MarketAxess operates a leading electronic trading platform for fixed-income securities, serving approximately 2,100 firms across the global fixed-income markets. The company's automated and algorithmic trading solutions, combined with integrated and actionable data offerings, aim to help clients make faster, better-informed decisions on when and how to trade on the platform.

The company's award-winning Open Trading® marketplace is widely regarded as the preferred all-to-all trading solution in the global credit markets. Founded in 2000, MarketAxess is known for connecting a robust network of market participants through an advanced full trading lifecycle solution that includes automated trading solutions, intelligent data and index products, and a range of post-trade services.

Douglas Cifu earned his J.D. from Columbia Law School in 1990 and his B.A. magna cum laude from Columbia University. Kenneth Schiciano holds a Master of Science in Management from the Massachusetts Institute of Technology Sloan School of Management, a Master of Science in Electrical Engineering from Stanford University, and a Bachelor of Science in Electrical Engineering and Computer Science from Duke University.

The election of Cifu and Schiciano to the board reflects MarketAxess's commitment to leveraging the expertise of leaders in the financial technology and private equity industries to drive long-term growth and innovation. Following these announcements, the company's shares moved 0.81%, and are now trading at a price of $176.08. If you want to know more, read the company's complete 8-K report here.

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