Liquidnet has appointed Michael Fidance as head of CEEMEA equity markets as part of the firm’s efforts to drive growth across the region.
In his new role, Fidance will be based out of London, where he is set to expand access new markets and liquidity, and enhance product and distribution as well as engagement with local and international asset managers.
Speaking to his new appointment, Fidance said: “In CEEMEA, tradeable liquidity is the single biggest variable affecting capital markets development, be it in asset allocation, index inclusion, or even in valuation. With this mandate in emerging markets being built globally, I truly believe we will help change the trajectory of CEEMEA equities to grow stronger and bigger than ever.”
Fidance joins from State Street, where he worked as head of sales for the firm’s new execution solutions business for over a year. Prior to this, he also served as head of sales for CF Global Trading in Europe before the firm was acquired by State Street in 2024.
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He brings more than 25 years of global equity and fixed income markets experience to his new position, and has also worked extensively at HSBC, covering various roles including head of sales and trading for CEEMEA and global emerging markets execution strategies.
He has also held senior roles at the European Bank for Reconstruction and Development (EBRD), Merrill Lynch and Credit Suisse.
In his new position at Liquidnet he will report to James Whitehead, head of trade coverage for EMEA, who said: “Michael brings extensive regional insight and a proven track record in building client-focused businesses. His appointment reflects our ambitions to broaden our footprint across CEEMEA equity markets, where our members are increasingly looking for trusted execution partners who can deliver scale, liquidity and local access.”
Fidance’s appointment follows recent expansion for Liquidnet’s equity business, and in June 2025, the firm made three key hires from Instinet to its equities franchise in the Americas, in a bid to grow its offering in the region.
The appointments included Mark Turner as co-head of equities sales and trading for the Americas, Hillary Budds as head of US crossing and David Ramirez who joins as a senior member of the high touch and program trading team.