EMpower Welcomes MarketAxess as First Global Leadership Council Partner
19 Octobre 2023 - 2:00PM
Business Wire
Extended partnership will help strengthen EMpower—the Emerging
Markets Foundation’s innovative global model to support young
people
MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a
leading electronic trading platform for fixed-income securities,
and Empower, the Emerging Markets Foundation, today jointly
announced MarketAxess as the Foundation’s first and only Global
Leadership Council Partner.
MarketAxess has been a corporate sponsor of EMpower since 2017.
EMpower’s addition of MarketAxess as its first Global Leadership
Council Partner comes as fixed income platform expands its business
and client networks across Emerging Market countries, many of which
are in need of greater charitable investment post-pandemic.
Cynthia Steele, EMpower CEO, says: “The EMpower model ensures
that 100% of all individual donations go directly to benefit our
grantee partners—and therefore to the marginalized youth that we
support. We can only do that with the support of partners like
MarketAxess, whose long-term financial commitment covers all of our
management, general and fundraising expenses. We’re delighted to
announce this new global partnership with MarketAxess, which helps
us to further strengthen that model. We look forward to working
with them to enhance our work in the Emerging Markets countries
whose communities we both support.”
Raj Paranandi, Chief Operating Officer of MarketAxess EMEA and
APAC, commented: “We have had a close relationship with EMpower for
many years now, and we’re very proud of the work we’ve accomplished
together. One of our own key philanthropic principles is to support
youth education, equality and inclusion, so we’ve always been a
strong supporter of the EMpower vision and approach. We have
colleagues and clients in many of the countries and cities where
EMpower’s grantee partners work, and this was a logical step
forward in our partnership. We’re excited about the impact it will
bring.”
About MarketAxess for Emerging Markets trading:
MarketAxess Emerging Markets bond platform currently connects more
than 1,600 market participants in over 120 countries around the
world. The platform provides electronic trading solutions for hard
currency and 28 local currency markets across Mexico and South
America (LATAM), Central Eastern Europe, Middle East and Africa
(CEEMEA), and Asia Pacific (APAC). Earlier this month, MarketAxess
announced the launch of Open Trading® for local currency bonds,
with Poland (PLN), Czech Republic (CZK), Hungary (HUF) and South
Africa (ZAR) as the first local currency markets to be supported.
Clients and dealers are able to trade on an all-to-all basis.
About MarketAxess MarketAxess (Nasdaq: MKTX) operates a
leading electronic trading platform that delivers greater trading
efficiency, a diversified pool of liquidity and significant cost
savings to institutional investors and broker-dealers across the
global fixed-income markets. Over 2,000 firms leverage MarketAxess’
patented technology to efficiently trade fixed-income securities.
MarketAxess’ award-winning Open Trading® marketplace is widely
regarded as the preferred all-to-all trading solution in the global
credit markets. Founded in 2000, MarketAxess connects a robust
network of market participants through an advanced full trading
lifecycle solution that includes automated trading solutions,
intelligent data and index products and a range of post-trade
services. Learn more at www.marketaxess.com and on Twitter
@MarketAxess.
About EMpower EMpower—The Emerging Markets Foundation is
dedicated to improving the lives of marginalised young people (ages
10-24) in 15 emerging market countries in Africa, Asia, Latin
America, and Europe. Through grants and non-financial capacity
strengthening, we enable young people to transform their lives and
communities. Our vision is to build a world where all young people
at the margins, especially girls and young women, have the skills,
opportunities and power to live their full potential.
EMpower has offices in Delhi, Hong Kong, London, New York, and
Singapore, as well as programme staff in Cape Town, Istanbul,
Mexico City, Buenos Aires and Abuja. Learn more at
empowerweb.org
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version on businesswire.com: https://www.businesswire.com/news/home/20231019476553/en/
DEVELOPMENT MANAGER Juliana Nicoletti EMpower– US
Corporate Partnerships 212-608-4455 Jnicoletti@empowerweb.org
MEDIA RELATIONS Marisha Mistry MarketAxess Holdings Inc.
+1 917 267 1232 mmistry@marketaxess.com
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