UBS global head of platform licensing departs after 22 years
Former global platform licensing head had also until recently been serving as the sell-side chair of non-profit Plato Partnership.
Former global platform licensing head had also until recently been serving as the sell-side chair of non-profit Plato Partnership.
He replaces UBS’ global head of platform licensing, Chris McConville, who is stepping down after a year in the role.
Strategic agreement will stimulate debate on future market structure and help market participants make better informed decisions.
In an open letter, the partnership highlighted the benefits of a tape across transparency, liquidity and risk management, and post-trade analysis.
CEO of LSEG’s Turquoise, Robert Barnes, tells The TRADE that since its partnership with Plato, Turquoise Plato clients have traded more than €1.1 trillion in equities.
Survey by Redlap Consulting found a rise in communication challenges among the buy-side, often in reaching sell-side counterparties, during the pandemic.
Chris McConville, global head of platform licensing at UBS, becomes chair of the sell-side for not-for-profit Plato Partnership.
Not-for-profit Plato Partnership has expanded its list of buy-side founding members with Capital Group.
Consortium has teamed up with Urvin.Compliance to establish a central repository platform for due diligence and a record of communication between counterparties.
Buy-side heavyweights join Credit Suisse and Exane BNP Paribas as Plato Partnership’s newest members.