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On the Move

Traders Magazine, December 2006

Editorial Staff

Rob Garrett joined Order Execution Services Holdings (OES) as managing director in charge of the company's dark book liquidity program. Dark books are private pools of trading liquidity often sponsored by large broker-dealers. Garrett will advance the business development and sales strategy for its Dark Book Explorer suite of products, the company said. Those include the Dark Gate and InterPool products. The plan is to find ways to integrate dark books into the national market system and its displayed markets from the exchanges and ECNs in a Reg NMS environment, according to OES. Garrett will expand the company's senior staff involved in negotiating agreements with major brokerage firms whereby OES will provide smart routing and other services in connection with their dark book efforts. Garrett previously served as managing director of the strategic trading division of the U.S. Trust Company of New York after it acquired Strategic Trading Corp., which he co-founded in 1992.

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