MarketAxess has appointed William Quan as itsnew Chief Technology Officer. He will oversee the trading platform’s global technologyoperations and lead efforts to expand the use of AI, data analytics, andplatform modernization across the platform’s electronic trading business.Focus on Technology and AI IntegrationIn his new role, Quan will report to Dean Berry, ChiefOperating Officer of MarketAxess, and serve on the company’s ExecutiveCommittee. His responsibilities include developing resilient and scalablesystems and embedding artificial intelligence into the firm’s products andworkflows.“William brings deep technical expertise and a strongexecution mindset that will help us accelerate platform modernization and moredeeply embed AI and advanced analytics across our products,” Berry said.Read more: Zarvista Capital Markets Appoints Mohammed El Alaoui Essosse as CEOQuan has more than 20 years of experience leading technologyand digital transformation across financial and platform businesses. Hepreviously served as CTO at Fleete Group, a Macquarie Asset Managementportfolio company, where he oversaw the creation of an AI-enabled SaaSplatform. Earlier in his career, he held leadership roles at AmazonWeb Services, J.P. Morgan, and Deutsche Bank, focusing on electronic tradingand digital platform innovation.Institutional Demand and Rising VolumesEarly this year, Tradeweb Markets and MarketAxess saw record trading activity in January as institutional trading picked up across rates andcredit. Tradeweb handled total trading volume of 65.5 trillion dollars for themonth, with average daily volume of 3.1 trillion dollars, up 26.2% from a yearearlier.On the other hand, MarketAxess reported record average dailyvolume of 18.6 billion dollars in total credit, a 28% increase from January2025, while its rates business grew 19%, pushing total platform average dailyvolume to 47.7 billion dollars, up 23% year-over-year.Credit markets drove much of the growth for both platforms.MarketAxess’ emerging markets credit activity was especially strong, withaverage daily volume rising 50% to a record 5.5 billion dollars, almost 30%above its previous monthly peak. This article was written by Jared Kirui at www.financemagnates.com.