New York-based TLX Trading Network, has appointed Gordon Henderson as CEO of the company, an industry veteran who is primarily known for developing BondNet - the first real time, interactive fixed income trading system.
Henderson most recently served as vice president, fixed income products, for ePIT, a company that deploys various trading mechanisms for sponsors of financial exchanges operating via the Internet. Prior to ePIT, he ran BondNet Trading Systems from 1991 to 1997, and oversaw the continued evolution of BondNet at The Bank of New York from 1997-2000.
Henderson also previously worked at the Chicago Stock Exchange as senior vice president, responsible for analysing and testing the viability of an electronic trading system for retail fixed income transactions; and in the early 1980s, he founded Corporate Bonds, Inc. (CBI), a NYSE and NASD member firm and fixed income technology incubator.
The new appointee says he will focus on steering the scalability of TradingLinx, the company's flagship product for post-execution trade management. His responsibilities will also include overseeing development of the necessary industry partnerships and strategic alliances that will keep the system an open and interoperable solution.
TradingLinx founder, Justin Lowe, will continue to oversee corporate strategy and business development from the company's New York office.