LedgerEdge co-founder appointed head of commercial operations at GLMX

New appointment preciously held positions at LedgerEdge, R3 and IBM.

GLMX has appointed David Nicol as head of commercial operations.

Nicol has been promoted to the role after initially joining GLMX as a consultant in December last year.

Previously, Nicol served as chief executive and co-founder of corporate bond trading ecosystem LedgerEdge.

LedgerEdge closed three years after its establishment due to “an extremely challenging funding environment”, the organisation confirmed at the time. The platform went into administration, despite continued client support and improved traction last year.

Read more: LedgerEdge closes three years after launch

Before serving at LedgerEdge, Nicol spent nearly two and a half years at R3, most recently serving as a product manager.

This followed a five-year stint at IBM, where he also served as a product manager. Elsewhere in his tenure at IBM, Nicol was a senior consultant.