Knight Capital appointment heralds European expansion
Published on July 16, 2008.
Knight Capital Group, the US-based trade execution and asset management firm, has appointed Bradley Duke as head of institutional electronic sales in Europe.
Duke’s responsibilities in the newly-created position will include overseeing sales of Knight’s electronic market access and trade execution services to European-based institutional firms, including asset managers, hedge funds and banks.
Duke joins Knight Capital from investment bank Jefferies and Company, where he worked in European institutional electronic sales and business development for the last eight years.
"The liquidity within the European trade execution industry is becoming increasingly fragmented post-MiFID. Knight has an opportunity to apply its vast knowledge of sourcing liquidity to the European context," said Duke, in a statement. “European traders are already looking for more advanced electronic trading platforms that include next-generation aggregation algorithms, coupled with direct market access technology. To meet demand, Knight will be rolling out Knight Direct EMS and EdgeTrade algorithms, tailored for the European client and markets, in the coming months."
