LSEG co-head of equities trading named Turquoise chief executive

Appointment is set to bolster the firm’s European equities offering, following the recent hire of a new head of market structure and new products from SIX in November 2025. 

LSEG has named Tom Stenhouse as chief executive of the firm’s pan-European trading venue, Turquoise.  

Tom Stenhouse

In his new role, London-based Stenhouse will also continue his former responsibilities as head of product, and will manage Turquoise Europe, as well as work to build out the venue’s footprint and growth across Europe.  

Stenhouse’s new appointment marks an extension of his ongoing career at LSEG, having initially joined the group working in product development in 2007, before working his way up the ranks to his most recent position as co-head of equities trading and head of product.  

The promotion also follows further developments in LSEG’s equities business in recent months, with former SIX head of equity products and quant research Simon Mason joining as firm’s new head of market structure and new products in November 2025, as revealed by The TRADE at the time.

Read more: SIX’s head of equity products and quant research joins LSEG to lead market structure

In addition to his new product development and market structure responsibilities, Mason will also oversee business development for LSEG.  

“We are delighted to announce these senior appointments which reinforce our strategic ambition to operate competitive equities trading venues in Europe, including the London Stock Exchange and Turquoise,” said Charlie Walker, deputy chief executive, London Stock Exchange. 

The two appointments are the latest in a string of significant hires for LSEG over the past year. In November 2025, buy- and sell-side participant, Stephen Grady joined the firm as head of open directory – community engagement and growth.   

Grady had most recently worked at Tradeweb, and has also served at firms spanning Lombard Odier, Legal & General Investment Management, Barclays Wealth, Fortis Investments, Liquidnet, Powe Capital Management, ADIA and Bankers Trust Asset Management.   

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