More institutions are expected to join the venue as live market operations progress; news follows FCA authorisation of BPX in June 2025 to operate a regulated marketplace for traditional and tokenised securities.
Appointment has been with the firm for more than two decades; most recently served as head of quantitative equity trading.
The new team now comprises of a senior hire from Barclays, as well as several internal hires, with the aim of aligning the firm’s global sales and trading offerings, The TRADE understands.
In a joint paper, AFME and EFAMA highlight that mechanisms such as bilateral trading should not be curbed, to deliver efficient execution and investor choice and simultaneously bolster equity markets across Europe.
New hire spent almost a decade at the investment bank, working across various credit-related roles.
Appointment marks a return to the German-based firm, after stints at Morgan Stanley and BNP Paribas CIB.
The expanded hours offering is currently expected to launch in December 2026 and follows increasing demand for expanded trading hours for US equities across the industry, according to the exchange.
Developed with a consortium including Barclays, BNP Paribas, Citi and JP Morgan, the platform seeks to streamline cleared and bilateral workflows.
New hire has worked across pan-European and US equity markets for more than two decades, and previously served at firms including Rothschild & Co, OpenExchange, Mediobanca, HSBC and UniCredit.
European Securities and Markets Authority (ESMA) is wary of tokenisation risks as momentum builds through interoperability, on-chain cash and regulatory frameworks.