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2014-04-28

MarketAxess Holdings, Inc. : Trax(R) Expands European Management Team With Senior Hires

New Brand Identity for Trax Data and Post-Trade Services to be Launched at
First European Capital Markets Forum

LONDON, April 28, 2014 (GLOBE NEWSWIRE) -- Trax®, a leading provider of
regulatory transaction reporting, financial market data and trade matching
services to the European securities markets, and a wholly owned subsidiary of
MarketAxess Holdings Inc. (Nasdaq:MKTX), announces the appointment of Chris
Smith as Head of Post-Trade Services, and Kevin Swann, as Head of Data as it
continues to strengthen its management team and expand its suite of data and
post-trade services.

Chris Smith brings over 30 years of financial markets experience and joins
Trax from NYSE Euronext where he was responsible for the firm's commercial
market program. Prior to NYSE, Mr. Smith was at NYFIX, and previously he was
responsible for European post-trade STP services at Tradeweb. He has also
held senior post-trade roles at Fidelity Investments and Thomson Financial
ESG (now Omgeo). As Head of Post-Trade Services for Trax, he is responsible
for the expansion and strategic direction of the firm's post-trade solutions.

Kevin Swann joins Trax from Thomson Reuters where he was head of third party
broker data. Previously he held senior roles at DirectFN, Tradeweb and
Bloomberg. With over 25 years of market data experience, Mr. Swann is
responsible for the development and commercial direction of Trax data
products.

In addition, on Thursday 1 May, 2014, Trax will present its new brand identity
at the firstEuropean Capital Markets Forum, jointly hosted by MarketAxess and
Trax, at the Andaz hotel, London. Trax has been known as Xtrakter for the
past several years. The rebrand now consolidates Trax's full suite of
products and services under a new visual identity.

Rick McVey, Chief Executive Officer of MarketAxess Holdings Inc., said: "Since
MarketAxess' acquisition of Xtrakter last year, we have been focused on
strengthening our European offering to provide a comprehensive suite of
solutions for trade execution, market and reference data, and post-trade
services. We are very pleased to add Chris and Kevin to the European
management team, reinforcing our ongoing investment in the region. Their
extensive experience and valuable insights will help drive the continued
development of innovative data and post-trade solutions for our clients under
the reinvigorated Trax brand."

Chris Smith, Head of Post-Trade Services, Trax, added: "Trax has been a leader
in trade matching and regulatory reporting for over 25 years and with the
raft of incoming regulations, market participants are looking for robust
post-trade solutions now more than ever. With products like Trax Match, Trax
Report and the encouraging recent growth of our Trax Match Repo service,
particularly with buy side firms, we are truly helping our clients streamline
their processes, manage counterparty and credit risk, and ensure regulatory
compliance."

Kevin Swann, Head of Data, Trax, said: "I am delighted to join the team at
Trax. Trax data products provide market participants with unique market
insights to make better informed trading and investment decisions. By
developing thoughtful and creative data solutions, we believe we can help our
clients increase efficiencies and drive market liquidity as the industry
prepares for the extensive incoming regulations in Europe."

About the European Capital Markets Forum

The first European Capital Markets Forum, jointly hosted by MarketAxess and
Trax, will take place at the Andaz Hotel, Liverpool Street, London on
Thursday 1 May, from 12pm - 5.15pm.

The keynote speech at the conference will be given by Sharon Bowles MEP, Chair
of the European Parliament's ECON Committee. Panel sessions will address the
most pressing challenges being faced by European capital markets: regulation
and changes to market structure; transparency and its effects on liquidity;
preparation ahead of T+2; trade reporting under EMIR and MiFID II/MiFIR and
the market impact of MiFID II/MiFIR on trade execution.

For more information about the conference please visitwww.eucm-forum.com

About Trax®

Trax is a leading provider of capital market data, trade matching and
regulatory reporting services to the global securities market. In 2013 Trax
processed 1.12 billion of transactions on behalf of its user community. Trax
provides capital market firms with information to assist them in conducting
net asset valuations, mark-to-market calculations, fixed-income portfolio
mapping, liquidity and volume modelling, as well as reference data population
updates. It also provides a wide range of pricing data for approximately
69,000 unique bonds, volume data on over 50,000 individual bonds as well as
securities reference data for over 300,000 government bonds, corporate bonds,
medium-term notes and private derivative issues.

Trax is based in London and was originally established in 1985. Acquired by
MarketAxess in 2013, Trax is a trading name of Xtrakter Ltd. and is a wholly
owned subsidiary of MarketAxess Holdings, Inc.

About MarketAxess Holdings Inc.

MarketAxess operates a leading electronic trading platform that enables
fixed-income market participants to efficiently trade corporate bonds and
other types of fixed-income instruments using MarketAxess' patented trading
technology. Over 1,000 institutional investor and broker-dealer firms are
active users of the MarketAxess trading platform, accessing global liquidity
in U.S. high-grade corporate bonds, emerging markets and high-yield bonds,
European bonds, U.S. agency bonds, credit default swaps and other
fixed-income securities. MarketAxess SEF Corporation has received temporary
registration from the U.S. Commodity Futures Trading Commission to operate a
swap execution facility. MarketAxess also offers a number of trading-related
products and services, including: market data to assist clients with trading
decisions; connectivity solutions that facilitate straight-through
processing; technology services to optimize trading environments; and
execution services for exchange-traded fund managers and other clients.
Through its Xtrakter subsidiary, MarketAxess also offers a range of pre- and
post-trade services, including trade matching, regulatory transaction
reporting and market and reference data, across a range of fixed-income
products.

MarketAxess maintains its headquarters in New York and has offices in London,
Boston, Chicago, Los Angeles, Salt Lake City, Sao Paulo and Singapore. For
more information, please visit www.marketaxess.com

CONTACT: MEDIA CONTACTS:
MarketAxess Holdings Inc.
Kyle White
+44 (0)20 7709 3219
kwhite@marketaxess.com

Cognito
Paul Bowhay/Christopher Faimali
+44 (0)20 7426 9400
marketaxess@cognitomedia.com

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MarketAxess Holdings, Inc. via Globenewswire

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