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Liquidnet Vet Takes Helm At Pipeline

Traders Magazine Online News, November 16, 2011

James Armstrong

Pipeline Trading has brought in a veteran of rival dark pool operator Liquidnet as the company's former leadership departs following disclosures Pipeline misled users as to how it was supplying liquidity. Jay Biancamano, the former global head of marketplace and corporate strategy at Liquidnet, has replaced Alfred Berkeley as executive chairman of Pipeline.

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