Nasdaq OMX Group has completed its London-based unit for its new pan-European trading platform and is on track to launch in September, the same time as rival platform Turquoise, according to Chris Concannon, executive vice president of transaction services at Nasdaq OMX.
Speaking to theTRADEnews.com, Concannon said: “The unit is formed and operating and you will see a series of announcements from us leading up to our launch. We have very high hopes of our date of launch.”
The team will be headed by Charlotte Crosswell, previously a partner and head of business development at Pension Corporation. She will report directly to Concannon and will be responsible for the operation and strategic development of the trading platform from their London office. Before joining Pension Corporation she was head of international listings for Nasdaq and head of international business development at the London Stock Exchange.
“Charlotte has an in-depth knowledge of the European and global exchange business, and this, in combination with sales, marketing and investment industry expertise, makes her an ideal leader to develop and take our new platform forward. She is still working out her notice but hopefully she’ll be with us shortly,” commented Concannon.