Block trading venue Liquidnet has hired Bob Garrett, formerly Well Fargo Securities trading head, as its new head of technology and as a member of the firm’s leadership team.
In his new role, Garrett will be responsible for establishing the technical direction of the company and coordinating with business leaders and product managers in the development of products, solutions and processes that align with Liquidnet’s mission to make the equity markets more efficient.
Garrett, a market veteran with more than 23 years of experience in various technology leadership positions, joins from Wells Fargo Securities where he was head of equity trading and prime services technology. Prior to this, he was the chief technology officer of Merlin Securities, which was acquired by Wells Fargo, where he supported all aspects of the business including the platform that supported Merlin’s 500+ hedge fund clients.
Prior to Merlin Securities, Garrett was the global head of execution services technology at Deutsche Bank where he drove the global build out of the equities electronic trading platform. He has also held roles at Bank of America Securities, Sapient and AT&T.
He is based in New York and reports John Kelly, Liquidnet’s chief executive.