Liquidnet, the global institutional trading network, today announced that industry veteran Chris Jackson has joined the company as European Head of Liquidnet's Execution and Quantitative Services (EQS) Group.
Chris brings over twenty years of experience to this new role which will involve setting the strategic direction of the European Trading Desk and Algorithmic Services Group, as well as heading up the senior sales effort for Liquidnet's global algorithmic offering with European clients.
Chris' appointment marks significant progress in Liquidnet's strategy to provide its network - which includes nearly 780 of the world’s leading asset managers - with new and more efficient ways to source diverse liquidity and satisfy best execution objectives. Through such services, which include trade advisory and execution solutions, Liquidnet is enabling its members to remove barriers to liquidity and more efficiently manage factors that impact member investment performance.
"Bringing Chris to head of the business in EMEA is a critical next step as we build out our offering in the region. Chris is a proven leader working in execution services at top tier investment banks and building senior client relationships which will be essential as we grow the business and introduce new offerings to our Member community,” commented Mark Pumfrey, Head of EMEA at Liquidnet.
Liquidnet has been building its EQS team with the appointment of New York based, Rob Laible as the Global Head of EQS Liquidnet made three further hires in this team in December 2014, whose role is to further expand Liquidnet’s offering, including designing, implementing, and customizing Liquidnet’s suite of execution algorithms and analytics while also providing quantitative research and market microstructure insight.
“Liquidnet has grown beyond just being an execution venue. The value-added services we are offering through our expanding EQS offering will be essential as our Members continue to seek out ways to improve investment performance,” commented Laible. “Over the course of the year we will be bringing to our Members cutting edge products and analytics so that they can best achieve their trading objectives.”
"As asset managers begin to look even more closely at execution quality and services, there has never been a better time to join Liquidnet which enables its members to execute large block trades in the most efficient way. I am looking forward to bringing my market and product expertise across electronic, program and block trading to help drive Liquidnet's EQS strategy and sales effort across Europe," commented Jackson.
Chris joins from Citi where he was Head of Execution Sales, EMEA. Prior to Citi, Chris spent twelve years at Merrill Lynch where he was latterly Head of Sales across program, transitions and electronic trading. Chris started his career at SBC Warburg in 1995, where for two years he worked in the EMEA Portfolio Sales and sales trading team.