TRADERS ON THE MOVE: REDI Hires a New Sales Head, Necakov Joins Instinet

Execution management system provider REDI Technologies has hired Sean Sullivan as its global head of business development. Sullivan, a pro with over 20 years of experience in financial technology, oversees global business and sales strategy for the newly independent company. He will bring to market the now broker-neutral REDIPlus EMS and associated products. Recently, Sullivan was the president of Advise Technologies and before that was the head of global sales for Eze Castle Software. He reports to REDI chief executive Rishi Nangalia.


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Instinet hired Tony Necakov as it chief technology officer. Necakov, a veteran with over 20 years of experience, has spent his career developing trading platforms and managing technology organizations globally. He joined from Bank of America Merrill Lynch, where most recently he was responsible for its global equities high-touch trading technology group. He has also served in multiple senior trading technology development positions at JPMorgan, Merrill Lynch, Instinet, Bear Stearns, Swiss Bank and Goldman Sachs. He reports to chief executive officer Jonathan Kellner.

Professional Trading Solutions, holding company of LightSpeed Trading, named Andrew Brenner as its chief strategy officer. Brenner, a veteran with over 30 year experience, is responsible for managing special projects. Prior to this, Brenner was a senior advisor at Apex Clearing. Before that, he developed a new U.S. stock exchange for the International Securities Exchange, which was subsequently acquired by Direct Edge ECN, LLC. He has also done stints at Electronic Brokerage Systems, Fidelity, Credit Suisse and Morgan Stanley. He reports to chief executive Farid Naib.

The American College named buysider Ron Carson, founder and chief executive of Omaha, Nebraska-based Carson Wealth Management Group to its Board of Trustees.