Tradeweb, an operator of fixed income markets owned by Thomson Reuters, has hired the former head of e-commerce at JP Morgan to develop its European and Asia business in light of a growing shift to electronic bond trading.

The firm confirmed the appointment of Simon Maisey to the role of managing director for finance and business management earlier this month. His role includes responsibility for finance and business operations, as well as identifying new opportunities for Tradeweb to expand its electronic fixed income markets in Europe and Asia.