Former Liquidnet Americas head of fixed income sales and trading, Fausto Serrano, has joined interdealer broker, Tradition, as head of electronic credit brokering for North America.
New York-based Serrano has worked extensively across electronic trading for almost two decades, and joins Tradition after spending three years at Liquidnet.
Tradition serves as the interdealer broking arm of Swiss firm Compagnie Financière Tradition, operating across various assets and represented in more than 30 countries.
Previously in his career, he also served as US head of e-trading at TP ICAP for nearly five years from 2017 to 2022.
He has also served as director of electronic trading at BGC Partners for five years, working across areas including corporate bonds, US treasuries and credit-default swaps, and at ICAP Electronic Broking as vice president in credit derivatives from 2006 to 2012.
Serrano confirmed his new position in an announcement on social media.
Liquidnet declined to comment when approached by The TRADE.
Tradition had not yet responded to a request for comment at the time of publication.