Buyside-owned trading venue Luminex is now one step closer to opening its doors by fully installing its new chief executive officer and naming its leadership team.
As previously reported by Traders, Jonathan Clark has fully assumed the role of Luminex’s chief executive officer following a months-long transition. Clark has assumed the role of permanent CEO replacing interim CEO Michael Cashel who will return to his position of SVP of Fidelity Trading Ventures. Cashel will continue to serve in an advisory capacity to Luminex, as needed.
The ATS has also added four new executives to its leadership board.
– Brian Williamson has been appointed Head of Sales and will be responsible for working directly with Luminex’s clients to ensure a positive customer experience while continuing to build the Luminex client base. Williams has extensive experience in trading and relationship management including with Liquidnet, where he served as a Senior Global Relationship Manager, and with The Boston Company, where he was Vice President for Equity Trading.
See Also:An Inside Look at Luminex, the ATS Built By the Buyside
– James Dolan, has been appointed Chief Compliance Officer with responsibility for Luminex’s regulatory and market compliance, as well as the further development of the firm’s internal compliance infrastructure. Dolan has an extensive background in top compliance roles, including nearly twenty years with NASD (FINRA), where he led the insider trading investigations program, among other roles. Prior to joining Luminex, he was at Fidelity since 2007, most recently serving as Vice President of Compliance for Fidelity Institutional, supporting the Prime Brokerage Services, Securities Finance, Fixed Income, International Equity, and Forex businesses of Fidelity Capital Markets.
– David Hagen has been appointed as Head of Product where he will oversee Luminex’s product development efforts and will chair the Luminex Advisory Council. Prior to joining Luminex, Hagen was a Director at Pico Quantitative Trading, focused on expanding Pico’s services to the Institutional trading community. His previous experience includes nine years at Linedata as both Director of Strategic Accounts & Trading and VP Global Trading Technologies, and at the Boston Stock Exchange, where he held the roles of specialist and Head Trader.
– Daniel Consigli has joined Luminex as the firm’s controller. Consigli has over 20 years of finance and operational experience at financial institutions. He most recently served as a divisional financial officer at IDB Bank and previously held finance, operational and consulting roles at J.P. Morgan Chase, Resources Global, Pioneer Investment Management and Fidelity Investments.
The ATS, which plans to focus on block trading, said it is still on track to open for business in the fourth quarter.
