ITG snares Goldman exec to lead European algo trading push

ITG snares Goldman exec to lead European algo trading push

New York-based Investment Technology Group (ITG) has appointed Goldman Sachs executive Robert Boardman to the newly created post of head of algorithmic trading sales in Europe.

Boardman joins ITG after 12 years at Goldman Sachs where he was most recently executive director in the investment bank's electronic transaction services group.

He also led a team of 20 in implementing direct market access and algorithmic trading strategies. Prior to this Boardman was head of connectivity at Goldman's equities division.

ITG says Boardman will drive use of its algorithmic products in the European marketplace in a bid to replicate the success of the portfolio in the US.

Boardman assumes his new position immediately and reported directly to ITG's European sales director David Stevens.

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