The Money Market and Debt eXchange (MMADX) has announced it has appointed Michael Go as the company’s first executive director.

 

Mr Go joins the start up from the National Australia Bank, where he was global chief operating officer, global markets. Mr Go boasts a 25 year career in global markets, having worked with a number of heavy hitting financial services and banking companies.

 

MMADX has announced plans to launch in the second half of 2012 and will be the first fully electronic trading system operating in the Asia pacific for market securities and repurchase agreements.

 

“MMADX offers a fantastic opportunity to the market given the perfect regulatory environment for a business of this type,”  Mr Go told Global Custodian.

 

“The chance to help shape and build a business in the new regulatory world of financial markets is very exciting.”