Eli Lederman had a 14-year career at Morgan Stanley, half in New York and half in London, where he was a managing director who established innovative new businesses in financial technology related to equity and debt, and in electronic trading of cash and derivatives products. From 2004 to 2006 Eli served the financial industry as co-chair for FIX Steering Committee for Europe, Middle East and Africa. He left Morgan Stanley in 2007 when he was appointed founding chief executive of Turquoise, the pan-European stock market then owned by nine of the largest investment banks in the world. He guided the company from its infancy to its successful launch and beyond, until the business was sold in 2010. Since then Eli has consulted the industry, been involved in private equity investments and has written two novels, "High Finance" and the soon to be published, "From Pillar to Post."

Eli Lederman said: "I am delighted to join the Tbricks team at this stage in the development of the company, and to do everything I can to help achieve management's mission to deliver innovative software for trading. Vibrant financial markets are vital to the economic health of society, and Tbricks products fundamentally improve liquidity that is the lifeblood of capital formation. I look forward to participating as the company builds on its success and to helping the team to realize the full potential of their considerable intellectual resources.

On a personal note, I am thrilled also to work with such a creative group of people in Sweden's financial technology community, with whom I have been privileged to collaborate so constructively for much of my career."

Jonas Hansbo, CEO of Tbricks, said: "We are delighted to welcome Eli Lederman to the company. The foundations are in place for Tbricks to grow, and Eli's experience of leading a company through expansion, his commitment to working closely with the management team, and his drive for excellence will be helping us achieve this. We look forward to working with him as a member of our Board."