Biography
Richard McVey serves as chairman and CEO of MarketAxess, an electronic trading platform for corporate bonds and other fixed-income securities. Since he established MarketAxess in April 2000, McVey has served as its CEO.
McVey Age
He is 65 years old as of 2 July 2024. He was born on 2 July 1959 in Painesville, Ohio, United States.
McVey Wife – Children
On September 1, 2018, McVey married Lara Spencer, co-anchor for Good Morning America, in Vail, Colorado. In January 2018, they had already declared their engagement. McVey’s prior marriage produced three kids.
McVey Parents and Siblings
Growing up in a Cleveland suburb, McVey’s father operated an oil firm and was a frequent stock trader. McVey studied finance at Miami University, where he also belonged to the fraternity Phi Gamma Delta. In 1983, he graduated with an MBA from Indiana University’s Kelley School of Business.
McVey Height
Spencer stands at a height of 5 feet 9¾ inches (1.77 m).
McVey’s Weight Loss
Taking part in different physical activities helped her lose weight and enhance her general health. Among the pursuits she embraced were: exercises involving the heart, including cycling and running. Using strength training to increase muscular mass.
McVey’s Work
Following his hiring by JP Morgan in 1991, McVey oversaw institutional brokerage, research, operations, finance, and compliance for the company’s North American futures and options business. He worked his way up to managing director there. In 1995, McVey came to New York and moved into fixed income, to oversee JP Morgan’s North American Fixed Income Sales, managing the institutional distribution of fixed-income products to investors until 2000.
McVey is the chairman and CEO of MarketAxess, which he co-founded in April 2000 with Richard Schiffman. In 1999, he first presented the MarketAxess business plan as a part of J.P. Morgan’s Lab Morgan initiative, which supported executives’ ideas for utilizing web-based technologies.
He started the company as an independent enterprise in 2000, after spearheading an initial investment round which raised $24 million in funds from JP Morgan and other market participants like Bear Stearns. He oversaw the company’s initial public offering in November 2004.