Liquidnet Hires Sussman to Head Market Structure Group

Block trading venue Liquidnet has hired Adam Sussman as its new head of market structure and liquidity partnerships group. [IMGCAP(1)]

Sussman will serve as a senior advisor on market structure issues providing insight and guidance on industry developments, technological trends, and financial industry dynamics to Liquidnet’s community of buyside members and customers. It’s a global role focused on market structure analysis and strengthening relationships with industry participants.

He will also advance Liquidnet’s efforts in identifying new ways to bring in additional sources of unique, safe and actionable block liquidity by building and strengthening partnerships with a broad spectrum of industry participants. Sussman will be based in New York and report to Liquidnet’s head of U.S. equities, Brennan Warble.

Sussman comes from TABB Group where he was a partner and director of research. He joined the consultancy in 2004. In 2009, Sussman was the only industry analyst to testify before the U.S. Senate on high frequency trading, dark pools and naked access in the aftermath of the financial crisis.

Prior to TABB, he served as a senior product manager responsible for order-management systems, routing and next-generation trading tools focused on the equities and options markets at Ameritrade, Inc., a brokerage industry subsidiary of Ameritrade Holding Corp.