MarketAxess Holdings Appoints Riad Chowdhury as Head of Asia Pacific

MarketAxess Holdings Inc. recently announced that it has secured a new Head of Asia Pacific, with Riad Chowdhury taking on the role, effective from today, 23rd September 2020.

The operator of an electronic trading platform for fixed-income securities, MarketAxess, said in a statement on Tuesday that Chowdhury will be based in Singapore as the Head of APAC, and will be in charge of the growth strategy for the company’s expanding operations in the APAC region.

Chowdhury, whose career spans for more than two decades, will report to Christophe Roupie, Head of EMEA and APAC, and will be responsible for all business operations in the region for the provider of fixed-income market data and post-trade services.

Additionally, in his capacity as the Head of Asia Pacific, Chowdhury will be in charge of actively expanding the firm’s relationships with regional and global institutional investors and dealers.

Commenting on the appointment, Christophe Roupie, Head of EMEA and APAC at MarketAxess, said in the statement: “Riad brings a wealth of international and Asian investor client and dealer experience to MarketAxess, at an exciting time for us and our clients.

“Global shifts in market structure and end-client needs are driving adoption of electronic trading across the region, and all-to-all trading and new protocol innovations are helping to drive greater Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and cost-efficiency for both investors and dealers. We’re delighted to have Riad here to help develop the next chapter of our Asia Pacific growth story."

Riad Chowdhury Joins MarketAxess from Standard Chartered

Chowdhury joins MarketAxess from Standard Chartered bank, where he spent more than three years. Most recently, he was the Managing Director – Head of Global Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term Services for Asia.

He joined Standard Chartered in July of 2017, originally starting as Managing Director, Macro Sales. Prior to this, Chowdhury was at ANZ, a multinational bank headquartered in Australia.

Based in Singapore, he was the Head of Rates Sales and Markets. Earlier in his career, he was employed by Deutsche Bank, holding the title of Interest Rates, Global Markets at the German lender, his LinkedIn profile shows.