DRW hires former Instinet strategy head as chief operating officer for equities
Incoming COO brings considerable experience to DRW, having previously served at Instinet, KCG Holdings and BDO Consulting.
Incoming COO brings considerable experience to DRW, having previously served at Instinet, KCG Holdings and BDO Consulting.
Incoming individual had been with Instinet for seven years, most recently monitoring and supporting its European electronic, portfolio, cash equity, and algorithmic trading flow.
The past week saw appointments from Goldman Sachs, Kepler Cheuvreux, Sequitor, EDX Markets, Millennium - along with departures from Euronext, Instinet and Liquidnet.
Executive departs after serving at Instinet for the last 14 years, for five of which he was chief executive officer.
New general counsel brings over four decades’ worth of experience to the role, having previously served at Instinet and Goldman Sachs.
FIS originally acquired the business in 2015 through its acquisition of SunGard.
Incoming chief executive joins TP ICAP having previously served at Instinet, Nomura Securities International and Merrill Lynch.
The newly expanded non-displayed alternative liquidity pool for equities, BlockMatch, derives from Instinet’s existing CBX Hong Kong service.
He replaces UBS’ global head of platform licensing, Chris McConville, who is stepping down after a year in the role.
The pair will create a new channel for execution flow for the buy-side in hard to trade blocks in European stocks.