MarketAxess CIO Naineshkumar Panchal to depart April 1; new CTO identified

MARKETAXESS HOLDINGS INC

Naineshkumar Panchal's service as CIO will end effective April 1, 2026.
Separation treated as termination without cause; severance per March 2022 agreement.
Company has identified a new Chief Technology Officer; announcement expected later in Q1 2026.
Panchal will receive severance payments and benefits subject to a general release of claims.

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