Jamie Selway is back.
The former equity market veteran and ITG alum has joined Blockchain, a cryptocurrency wallet provider, as part of its plan to move into trading and custodial platforms for digital currencies and securities, the Financial ties has reported.
“Well be building institutional products for execution and custody of digital assets,” Selway told Traders Magazine. “Its a fascinating, growing landscape and a unit opportunity to create new market infrastructure and make existing market functions more effective and efficient.”
Peter Smith, Blockchains co-founder, told the FT that Blockchain has been working on services geared to institutional investors and expects to begin launching them in the third and fourth quarters.
Selway is offially onboarded as Global Head of Institutional Markets, FT added, and will focus on building the market infrastructure to trade digital assets at Blockchain as it beefs up its offering to professional investors.
Selway was formerlyITG’s head of market structure and tweeted his departure from the firm in March. In the tweet he said, …I moved on from ITG. I leave with my heart full and head held high. I am particularly grateful for my partners, who globalized POSIT Alert, revitalized our algorithms, created a multi-asset strategy, and helped the company through challenging times. To clients, industry colleagues, and friends, I wish you well – and will see you soon.”
His pedigree as an expert on equity market structure, is well known throughout Wall Street. Selway co-founded broker White Cap Trading in 2003 and was on the board of directors at exchange operator Bats Global Markets from 2008 to 2015. He has also been a contributor for Traders Magazine.
