Liquidnet names new DACH head of equity distribution
Incoming distribution head has previously served in equities focused roles across Credit Suisse, Deka Investments, Oddo BHF and Stifel.
Incoming distribution head has previously served in equities focused roles across Credit Suisse, Deka Investments, Oddo BHF and Stifel.
TP ICAP, Liquidnet’s parent company, said the move “solidified” its wider ambition for the broker’s energy transition.
Speaking to The TRADE, Liquidnet’s APAC head of equities and global head of equity product says the new pre-market block liquidity will allow firms to engage with liquidity without trading throughout the day.
Departing execution consultant had been with Liquidnet for the last five and a half years after also spending eight and a half years at ITG.
The past week saw an appointment from FairXchange, along with departures from Jefferies, OSTC and Liquidnet.
Appointment follows that of former chief operating officer at Goldman Sachs’ Sigma X MTF who joined Imandra in May.
The past week saw hires from BNY Mellon’s Pershing, Abu Dhabi Investment Association, Liquidnet, Citadel, Trumid and Cowen Digital.
Incoming head brings over 25 years’ experience to the firm, having previously served at MarketAxess, LiquidityEdge and ICAP.
Activity on systematic internalisers (SIs) hit 27% in June, according to Liquidnet data, reaching levels not seen since April 2019.
The past week saw appointments from Goldman Sachs, Kepler Cheuvreux, Sequitor, EDX Markets, Millennium - along with departures from Euronext, Instinet and Liquidnet.