Yann L’Huillier has been appointed chief technology officer (CTO) of Turquoise, a multi-lateral trading facility being set up by nine European investment banks, by its recently announced CEO, Eli Lederman.
L’Huillier is currently senior vice-president and chief information officer for the Boston Stock Exchange (BSX), which he joined from the Toronto Stock Exchange in 2003. At BSE, L'Huillier’s main task has been to lead the team that designed and launched the LeveL alternative trading system (ATS) dark book market.
L'Huillier will be immediately relocating to London and will start at Turquoise on 25th November. He will report to Eli Lederman.
"Having managed successful IT programmes for major trading venues, L'Huillier brings direct, relevant and complementary experience to Turquoise," says Eli Lederman, CEO, Turquoise. "His design vision, commercial orientation and successful record of project execution will serve Turquoise well in our mission to deliver an innovative trading platform in an aggressive timeframe. Furthermore, L'Huillier has an understanding that stability, latency, throughput and functionality are the technical competitive requirements that will differentiate Turquoise," he continues.
"I am delighted to lead the technology group of such an ambitious company," says L'Huillier. "The Turquoise team has already advanced the platform's market model and the next task is to supervise the co-ordination of our technology providers and bring our trading facility swiftly into operation," he adds.