Instinet has promoted its London-based director of electronic trading to head of EMS and analytics sales for Europe, Middle East and Africa.
Scott Bradley joined Nomura – Instinet’s parent organisation – in October 2010 from JP Morgan where he was head of electronic trading sales for the EMEA region.
Adam Toms, chief executive officer of Instinet Europe, said that with regulators encouraging firms to separate money paid for research from commission charges, it was important to have an experienced individual leading the team.
He said: “As unbundling continues to accelerate here in Europe, clients are looking to evaluate the execution only credentials of their brokers. Appointing Scott into this new position is testament to our belief that Instinet has an important role to play in offering our EMS solution alongside client analytics and advisory services to help support the trading process.
“Trade Analytics play an important role in evaluating best execution as well as being additive to the alpha that clients are looking to capture in their portfolios.”
Bradley is a well-known figure on The Street, having worked at numerous major players during his career including ITG, Goldman Sachs and Bear Stearns.
He is also currently working on completing his Master of Business Administration (MBA) at the University of Warwick.