Liquidnet’s head of primary markets to depart

Departing head has been with Liquidnet since 2014; previously held positions at Morgan Stanley and Credit Suisse.

Liquidnet’s head of primary markets, Jonathan Gray, is set to leave the firm after nearly a decade, The TRADE can reveal.

Gray initially joined Liquidnet in 2014 as head of fixed income sales for EMEA, helping build the firm’s buy-side client base in fixed income.

Gray joined Liquidnet from Morgan Stanley, where he served as a managing director, responsible for convertible bond sales, trading risk and research.

Before Morgan Stanley, Gray was a director and a co-founding partner of electronic crossing network start-up, MarketTouch, funded by GNI and Old Mutual.

Elsewhere in his career, Gray served as a director at Credit Suisse, where he traded equities and European and Asian convertible bonds.

Gray announced his departure in a social media post, adding: “For the last 9 years I have had the pleasure of working with many driven and smart colleagues at Liquidnet, building a fixed income business that created alternative solutions to both sourcing liquidity and execution.

“The clients and businesses we partnered with enabled us to build a truly global network. Thank you to all those that contributed to that success – our long term buy- and sell-side supporters, too many to mention, and to the internal and external people and teams we worked with […] I am exploring some interesting options both in and out of finance, and an exciting new phase lies ahead. Stay tuned.”

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