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, appointed Raj Paranandi as Chief Operating Officer, EMEA & APAC. The appointment is effective March 1. Based in London, Paranandi will have day-to-day operational oversight for EMEA & APAC, including technology and product development, client and account services, data operations, regulatory operations and controls, settlements and middle-office functions. Paranandi joins MarketAxess from UBS, where he was most recently Global Co-Head of Digital Transformation for UBS Global Markets & Global Head of Change for UBS Investment Bank. Previously, he spent four years as Global Chief Operating Officer for FX, Rates and Credit at UBS Investment Bank.
Old Mission, a global, multi-asset market-making firm, hired Todd Hollander as Global Head of ETFs. Hollander will be responsible for driving growth of the firm’s direct-to-institutional customer ETF business, which was launched last year. Hollander brings nearly three decades of experience in the ETF industry. He joins Old Mission from Jane Street, where he spent nearly 20 years and was instrumental in the development and growth of the firm’s client business in the U.S., Europe and Latin America.
Plato Partnership, a non-profit industry consortium focused on efficiency and innovation in the European equity marketplace, appointed Chris McConville, Global Head of Platform Licensing at UBS, as Sell-Side Chair. McConville brings over 20 years’ experience in finance to the Partnership, most recently at UBS where he has held a number of roles focused on digital transformation and electronic trading. McConville was a member of the Plato Board between 2016 and 2019, and is currently a member of the Plato Strategic Investments Group. He replaces Nej D’jelal, who held the role as the Sell-Side Chair for over six years.
Capco, a global management and technology consultancy, appointed Dee McDougal as its new US Head of Diversity, Equity & Inclusion. McDougal’s appointment follows Capco’s public commitment to effect a tangible step-change around diversity, equity and inclusion to accelerate its Diversity & Inclusion agenda and ensure a zero-tolerance attitude toward discriminatory behavior. She will be based out of Capco’s office in Charlotte, NC, reporting to Mary Keller, US Head of Human Resources. McDougal joins Capco from Pacific Western Bank, where she served as Senior Vice President of D&I. In that role she led PWB’s corporate diversity and inclusion strategy, and developed education and engagement programs for internal and external stakeholders.
CrossTower, a global digital asset infrastructure platform, hired Greg Bunn to head CrossTower Capital Markets, a new division meant to complement its exchange business. Bunn, a 20+ year securities industry veteran, joins as Chief Strategy Officer after most recently serving as global head of counterparty strategy and central funding at Citadel. Previously he spent more than 16 years in various senior roles at Deutsche Bank, the most recent being global head of prime finance overseeing more than $400 billion of the securities financing business; and five years at KPMG in South Africa.
Philippe Derimay, a former Goldman Sachs managing director and senior trading strategist, has joined Citadel in New York as head of quantitative development for global fixed income, eFinancialCareers reported. Derimay spent nearly five years at Goldman Sachs after joining from Morgan Stanley, where he was a member of the New York equity strats team. He was promoted to managing director at Goldman in 2019.
Refinitiv hired Jon George, the former global head of Cantor Fitzgerald’s electronic bond trading platform, as global head of fixed income, currencies and commodities (FICC) trading, The TRADE News reported. George joined Refinitiv at the start of this year and is responsible for fixed income trading solutions. George joins Refinitiv from Cantor Fitzgerald where he led Cantor Direct, the firm’s electronic crossing platform for corporate and sovereign bonds, and was responsible for the build-out of the group’s institutional electronic trading business. George also worked in senior electronic trading roles at NatWest Markets, Deutsche Bank, Commerzbank and JPMorgan.
PremiaLab appointed John Macpherson as Senior Advisor, as part of its expansion in Europe. Macpherson served as Managing Director at Goldman Sachs from 2004 until 2013, then Nomura and Citibank as global head of listed derivatives. Macpherson was appointed CEO of BMLL Technologies in 2016, resigning from the firm in August 2019. Macpherson has over 20 years’ investment banking experience in capital markets and derivatives strategies.
