Citigroup has appointed Adam Inzirillo, formerly of Cboe Global Markets, to lead its cash and futures execution platform within the equities division, Bloomberg reported, citing people with knowledge of the matter.
Inzirillo didn’t immediately respond to a query from Traders Magazine.
In his new position, Inzirillo will take charge of Citi’s electronic execution services, with a focus on trading algorithms and direct market access solutions, Bloomberg reported.
He is expected to join in October as the global head of the execution platform for the equities unit, reporting to Sebastien Mailleux, Citi’s global co-head of prime services.
Inzirillo joined Cboe in 2019 as head of U.S. equities and was elevated to global head of data and access solutions in 2023 as part of a broader executive reshuffle.
Prior to joining Cboe, he was Managing Director, Head of Order Routing and Execution Products at Bank of America Merrill Lynch (BAML), where he worked for nearly a decade.
Cboe has confirmed Inzirillo’s departure.
“We are grateful for Adam’s contributions and wish him all the best in his future endeavors,” a Cboe Global Markets spokesperson told Traders Magazine.
The spokesperson said that in addition to leading Cboe’s Global Derivatives business, Catherine Clay, EVP and Global Head of Derivatives, will continue to oversee the Cboe Data Vantage business.
