Rob Laible has been appointed head of program trading and electronic execution for Asia at Macquarie Securities.
Laible, the former head of electronic trading and program trading sales for Asia at Nomura, will take up his new post in January in Hong Kong. As a division director, he will be reporting locally to Adam Zaki, head of Asian sales trading and execution, and to New York-based global head of execution services, Damian Hoult.
Laible will be managing Macquarie staff across Hong Kong, Japan, Singapore and India.
“Rob has vast experience both in the US and Asia, which he will be bringing to our broad platform.” Zaki told theTRADEnews.com. “His experience really speaks for itself, along with the relationships he’s built up over the years. As we move into the world of execution consultancy, Rob has proven himself as that consultant partner for the buy-side.”
Macquarie won the best electronic platform for “Asia-based clients” at The Trade’s inaugural Asian Algorithmic Trading Awards in Hong Kong last November.
“Through the crises over the last five years, one of the areas we’ve continued to invest in is the electronic platform, and Rob’s hire is a testament to that. We’ve made investment on the technology side, and we continue to invest in the people side,” said Zaki.
“Our strategy in Asia dovetails into our global strategy. We’re one of the few brokers in the region that does have that broad, deep footprint across all markets and all disciplines, from banking through to onshore settlements. The electronic platform is one of the keys to that,” he added.
Laible was head of Lehman Brothers’ Prime Services Origination in Asia, having joined the bank in 1998. He made the move to Nomura in 2008 when the Japanese investment took over large chunks of Lehman’s Asian and European operations, along with more than 8,000 staff – 5,000 of them in Asia.
Before his time at Lehman Brothers, Laible spent more than a decade at ITG, helping to build the agency broker and tech firm through developing its advanced trading technologies.