Chris Jackson will take responsibility for setting strategy of Liquidnet’s European trading desk and algorithmic services group, the institutional block trading network has confirmed.
Earlier this week, The TRADE revealed Jackson, who had headed up EMEA execution sales for Citi since 2009, had begun working in a senior role at Liquidnet Europe.
He will take the role of European head of execution and quantitative services and will report to Mark Pumfrey, CEO of Liquidnet Europe and Rob Laible, global head of execution and quantitative services.
He will work to provide Liquidnet’s members with more efficient ways to source liquidity and satisfy their best execution objectives.
Commenting on his appointment, Jackson said: “As asset managers begin to look even more closely at execution quality and services, there has never been a better time to join Liquidnet which enables its members to execute large block trades in the most efficient way.”
Laible added: “We’re investing in this business and building out in a robust way. Chris has a great background in this area, which will help develop the value proposition and our client partnerships in Europe.”
Liquidnet said it will continue to look at strategic hires to support the execution quantitative services business’ growth.