US electronic bond trading network MarketAxess has appointed T Kelley Millet, former co-head of global credit trading at Bear Stearns, as its new president.
At Bear Stearns, Millet was responsible for origination, syndication, cash, derivatives and flow trading for the investment grade and emerging markets businesses, as well as high-yield derivatives.
Prior to joining Bear Stearns in 2001, Millet had a 19-year career with JP Morgan where he held positions of increasing responsibility, culminating in his appointment as global head, capital markets and syndicate.
In his new role Millet will initially focus on expanding and diversifying the MarketAxess North America business.