The move is set to help the firm increase efficiency and navigate trading costs, and follows an uptick in non-traditional liquidity providers investing in automation across the fixed income market.
The move is a key stepping stone for the firm’s continued growth across the APAC region.
To address the manually intensive workflow, Millennium will connect directly to the Investortools Dealer Network and provide real-rime pricing and trade execution capabilities.
The past week saw appointments across credit trading, fixed income and equities.
Incoming individual has previously served at: BNP Paribas, Morgan Stanley, and Merrill Lynch.