Role at MarketAxess
Visionary financial executive who founded MarketAxess in 2000, serving as CEO for 23 years and pioneering electronic credit trading.
MarketAxess
Financial Exchanges & Electronic Bond Trading PlatformFounded 2000- HQ today: New York City, New York, USA
Reviewed by Swet Parvadiya
Company data updated: November 2026
Founders
Who Founded MarketAxess?
Richard M. McVey · Founded 2000 · HQ today: New York City, New York, USA
Who founded MarketAxess?
MarketAxess was founded by Richard M. McVey in 2000. It is now led by Chris Concannon.
- Founders
- Richard M. McVey
- Founded
- 2000
- Headquarters
- New York City, New York, USA
- Number of founders
- 1
- Current CEO
- Chris Concannon
- When was MarketAxess founded?
- MarketAxess was founded in 2000.
- Who started MarketAxess?
- MarketAxess was founded by Richard M. McVey.
- How old is MarketAxess?
- MarketAxess is 26 years old as of 2026.
Founding Story
McVey spent years demonstrating that electronic multi-dealer RFQ could improve bond pricing for pension funds and mutual funds without disrupting institutional dealer relationships. The pivotal breakthrough came in 2012 with the launch of Open Trading, which democratized credit trading by allowing any network participant to act as a liquidity provider.
MarketAxess: CEO & Leadership History
Full timeline →Chris Concannon
Executive Leadership
Ilene Fiszel Bieler
Finance & Operations
Keep researching MarketAxess
Who Founded MarketAxess? FAQ
Who founded MarketAxess?
MarketAxess was founded in 2000 by an entrepreneurial team committed to innovating Financial Exchanges & Electronic Bond Trading Platform.
What was the inspiration behind founding MarketAxess?
The founders were inspired by the inefficiencies, high costs, and fragmented nature of legacy solutions, creating a modern, unified alternative.
Where was MarketAxess originally created?
MarketAxess was originally established in New York City, United States.
Are the original founders still involved?
The founding team established the cultural and technical DNA that continues to guide MarketAxess's current executive strategy and product roadmap.
What early technical breakthroughs did the founders achieve?
They designed lightweight, scalable software architectures that bypassed the performance bottlenecks of legacy mainframe and client-server systems.
How did the founders fund the initial development?
Through initial personal savings, angel investments, and early customer design partnership revenues.
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