BestEx Research appoints industry veteran as managing director of business development
Incoming director brings over 15 years’ experience in electronic trading and transaction cost analysis.
Incoming director brings over 15 years’ experience in electronic trading and transaction cost analysis.
New director of execution services at BestEx Research has previously served at JP Morgan Chase, Virtu Financial, KCG Holdings, Bank of America Merrill Lynch and Barclays.
David Conner and John King join BestEx Research with 40 years of experience at major institutions such as Citi, Liquidnet and JP Morgan.
The new futures algorithms suite follows a series A funding round for BestEx Research that took place in December to raise funds for product development.
The Series A funding round at BestEx Research Group was led by QC Ventures and took the company’s valuation to $50 million.
Shortly after its official launch, BestEx Research has confirmed Triad Securities will adopt its algorithmic trading platform.
ITG and AQR Capital veteran, Hitesh Mittal, looks to reduce transaction costs of ‘stale’ broker algorithms with new algo trading and TCA platform.