Cifu and Schiciano elected to MarketAxess board
28 January 2026 US
Image: Viktor/stock.adobe.com
MarketAxess Holdings, an operator of an electronic trading platform for fixed-income securities, has elected Douglas Cifu and Kenneth Schiciano to serve on the company’s board of directors, effective 1 March 2026.
Cifu is a 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 CEO from 2013 through July 2025, continuing to advise Virtu through the end of the year.
Before founding Virtu, Cifu was a partner at the international law firm Paul, Weiss, Rifkind, Wharton, and Garrison.
Schiciano has served as a Senior Advisor at TA Associates, a global private equity firm, since July 2022, where he focuses on investments in infrastructure, software and financial technology companies.
Schiciano joined TA Associates in 1989 and has more than 30 years of experience in the private equity industry, with 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.
Chris Concannon, CEO of MarketAxess, notes: “We are pleased to welcome both Doug and Ken to our Board. 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.”
Cifu, comments: “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."
Schiciano adds: “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.”
Cifu is a 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 CEO from 2013 through July 2025, continuing to advise Virtu through the end of the year.
Before founding Virtu, Cifu was a partner at the international law firm Paul, Weiss, Rifkind, Wharton, and Garrison.
Schiciano has served as a Senior Advisor at TA Associates, a global private equity firm, since July 2022, where he focuses on investments in infrastructure, software and financial technology companies.
Schiciano joined TA Associates in 1989 and has more than 30 years of experience in the private equity industry, with 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.
Chris Concannon, CEO of MarketAxess, notes: “We are pleased to welcome both Doug and Ken to our Board. 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.”
Cifu, comments: “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."
Schiciano adds: “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.”
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