ETFs

New positions across the past week include an exchange head of clearing, as well as two hires to support the growth of US institutional ETF trading, and a sell-side algo trader appointment.  

The past week has seen several significant moves, including a head of electronic trading departure, and senior buy-side hires across ETF capital markets and quantitative trading.  

The move marks a return to the buy-side firm for new hire, who previously spent five years at State Street Investment Management in various senior ETF-related roles.  

Firms say ETFs can no longer be treated as “just another fund wrapper” as active products, retail flows and synthetic structures reshape the market.

“Momentum is building quickly” ahead of the tape’s launch, with market participants already onboarding and connecting to EuroCTP’s test environment, with coverage expected across data redistributors and connectivity providers, EuroCTP tells The TRADE.

The integration will leverage Exegy’s ticker plant technology, and aims to support the delivery of a robust and resilient pre- and post-trade consolidated tape.  

Individual steps up to the role after 12 years at the investment management giant; most recently served as EMEA head of secondary and options markets for iShares. 

New hire will focus on Europe and APAC, supporting the firm’s plans to serve more clients across the regions; individual has previously held senior positions at Vanguard, Goldman Sachs and Morgan Stanley.

The new offering is set to enhance ETF market access, liquidity and execution quality for institutional clients, and is also supported by research from the firm’s subsidiary, Trackinsight.