AX Trading LLC today announced that industry veteran John King has joined the firm as Managing Director - Head of Sales.
Mr. King will report to Peter Jenkins, President and Head of the Institutional Equities business at AX Trading. Mr. King is responsible for building the community of traders on The AX Trading Network ("The AX").
Mr. King brings over 20 years' experience in institutional trading and sales in both equities and fixed income. As one of the founding employees of Liquidnet, he launched the Midwest region in 2001 and Liquidnet Canada in 2006. Prior to joining Liquidnet he held a series of positions of increasing responsibility at: Bridge Information Systems; Miller, Tabak, Hirsch & Company; Everen Securities; Donaldson, Lufkin & Jenrette; and Mabon Securities. He is a graduate of Boston College School of Management.
"We are committed to providing traders with a genuine alternative to current models for trading," said Kevin Callahan, CEO of AX Trading. "We believe that the ability to conduct ondemand auctions increases trader control, improves liquidity discovery and provides more efficient execution. John's expertise, experience and relationships will be critical in continuing to build out the community of traders on The AX and in growing the firm's franchise."
"In today's fragmented stock market, it has become harder than ever for traders to find natural liquidity," said John King, Managing Director - Head of Sales. "The AX provides a unique approach to helping a large and diverse group of traders connect and trade with one another in a protected manner and I am excited to help build the AX network."