Instinet COO Bouhelier steps down

Jean-Marc Bouhelier has stepped down as chief operating officer of Instinet as the electronic trading network continues its consolidation in the wake of its merger with rival Island ECN

  0 Be the first to comment

Instinet COO Bouhelier steps down

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

Bouhelier is the latest in a line of senior Instinet management to leave the company.

In a statement, the company says: "This management change is part of Instinet's ongoing effort to produce a more efficient corporate structure and consolidate management responsibilities."

The cutbacks mirror similar exectuive-level changes at Nasdaq, which is likewise suffering due to the equity market decline.

Bouhelier's duties at Instinet will be temporarily taken over by recently-installed chief executive officer Ed Nichol.

Bouhelier comments: "For me personally, it's time to move on to new challenges and opportunities."

Sponsored [Webinar] A New Era of KYC - Why it’s time to redefine Client Onboarding

Comments: (0)

[Webinar] Behavioural Biometrics: Meeting the deployment challengeFinextra Promoted[Webinar] Behavioural Biometrics: Meeting the deployment challenge