John Maggiacomo has been named head of client sales in North America at MarketAxess, based out of New York.
In the newly created role, Maggiacomo will be working to expand the institutional client footprint across all product areas. Maggiacomo most recently served as head of US credit sales at Royal Bank of Canada (RBC) where he helped to grow the secondary credit businesses with a focus on leveraged finance. Prior to joining RBC, Maggiacomo spent much of his career at Bank of America Merrill Lynch, where he was managing director, credit sales.
On his new role, Maggiacomo said, “MarketAxess is a force in fixed income trading, driving meaningful improvements in trading efficiency and expanding trading opportunities for dealers and investors. In today’s rapidly evolving environment of increased electronification and regulation, the opportunity to deliver innovative solutions and differentiated insights to our clients is tremendously exciting. We are eager to continue redefining the playing field, providing a distinct competitive edge to our clients.”
Kevin McPherson, chief revenue officer at MarketAxess, said, “John brings with him extensive fixed income sales experience and strong industry relationships. I am confident that his deep fixed income product knowledge, including his high yield expertise, strategic vision and leadership will contribute significantly to our success in the region.”
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