Douglas Cifu, Kenneth Schiciano to join MarketAxess Board of Directors
MarketAxess Holdings Inc. (NASDAQ:MKTX), the operator of an electronic trading platform for fixed-income securities, today announced the election of Douglas Cifu and Kenneth Schiciano to serve on the Company’s Board of Directors, effective March 1, 2026.
Mr. Cifu is the co-founder of Virtu Financial, a global financial technology firm and market maker. He served as President from the company’s founding in 2008 until 2013, and then as Chief Executive Officer from 2013 through July 2025. He continued to advise Virtu through December 31, 2025. Before founding Virtu, Mr. Cifu was a partner at the international law firm Paul, Weiss, Rifkind, Wharton & Garrison.
Mr. Schiciano has served as a Senior Advisor at TA Associates, a leading global private equity firm, since July 2022, where he focuses on investments in infrastructure, software and financial technology companies. Mr. Schiciano joined TA Associates in 1989 and has more than 30 years of experience in the private equity industry, with deep expertise in the communications and financial technology industries. He previously served as a Managing Director from 2000 to 2022 and formerly served as co-head of TA’s North America Technology Group.
“We are pleased to welcome both Doug and Ken to our Board,” said Chris Concannon, CEO of MarketAxess. “Doug brings deep fintech and regulatory expertise from building a major global market maker, and Ken adds more than three decades of financial technology and private equity experience from a leading global investment firm. I am confident they will each provide invaluable insight as we continue investing in next-generation trading protocols and data driven solutions.”
“I’m honored to join the MarketAxess Board and support a company that sits at the forefront of the digital transformation in fixed-income trading. MarketAxess has a proven commitment to innovation and implementing advanced technology for the benefit of the market, and I look forward to contributing to its strategic vision,” said Mr. Cifu.
“MarketAxess has been a defining force in the evolution of electronic fixed-income markets. I am pleased to join the Board at a time when market structure, data, and technology are increasingly central to liquidity and transparency. I look forward to working with the Board and management to support the Company’s long-term growth and innovation,” said Mr. Schiciano.
Mr. Cifu earned his J.D. from Columbia Law School in 1990 and his B.A. magna cum laude from Columbia University.
Mr. Schiciano holds a Master of Science in Management from the Massachusetts Institute of Technology Sloan School of Management, a Master of Science in Electrical Engineering from Stanford University, and a Bachelor of Science in Electrical Engineering and Computer Science from Duke University.
