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That has cones for loose balls, presumably the 11×3/16" typical for Shimano front hubs. You need something with registers for the cartridge bearings in the Ellipse hub. I've had appropriate bearing registers made to fit onto M9/M10×1.0 axles, but they came out at more like £30 per wheel in addition to the cost of the axle and QR skewer.
cost though!
http://www.ebay.co.uk/itm/Quick-Release-Conversion-Kit-For-Bike-Hub-Wheel-Skewer-Axle-Set-Front-/111217070070
if i can convert for a £10 :)