BIDS Trading hires ex-LedgerEdge product expert as new senior director

Incoming individual previously served as head of product at LedgerEdge, prior to the trading platform’s closure due to an ‘extremely challenging funding environment’.

BIDS Trading has appointed Brian Hickey senior director of product.

Hickey previously served as head of product at LedgerEdge for nearly a year and a half, prior to the trading platform closing down last year.

Start-up bond trading platform LedgerEdge shuttered three years after its establishment due to “an extremely challenging funding environment”, the organisation confirmed.

Read more: LedgerEdge closes three years after launch

“As many of you know, Brian is a proven multi-asset trader and trading technologist with valuable asset management and capital markets experience,” said Stephen Berte, president at BIDS Trading, in a social media post.

“Brian will be responsible for setting the strategic direction of our product lines and identifying new market opportunities, among other things. Looking forward to working with Brian and doing all we can to meet the evolving needs of our clients and partners.”

Prior to joining LedgerEdge, Hickey spent nearly 14 years at State Street Global Advisors (SSGA) in various senior positions.

Most recently, he served as head of cross-asset electronic trading, a position he held for just over three years.

Elsewhere during his tenure at SSGA, Hickey held vice president positions as a senior alternatives trader, credit trader and senior equity trader.

Before joining SSGA, he served as an international equity trader at Putnam Investments.

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