The Board of Directors of MarketAxess Holdings Inc. announced that, effective April 3, 2023, Richard M. McVey, currently Chairman and Chief Executive Officer, will become Executive Chairman and Chris Concannon, currently President and Chief Operating Officer, will also continue to serve as a director on the Company's Board. Prior to MarketAxess, Mr. Concannon served as President and Chief Operating Officer of Cboe Global Markets Inc., a position he was appointed to upon Cboe's acquisition of Bats Global Markets Inc. in 2017. Until Bats' acquisition by Cboe, Mr. Concannon served as Chief Executive Officer of Bats since 2015.

He has more than 20 years of experience as an executive at Nasdaq, Virtu Financial, Instinet and as an attorney at Morgan, Lewis & Bockius, LLP and the SEC.