Newedge appointed Steve Charvet as global head of financial futures options, equities and fixed income execution. Charvet joined FIMAT, one of Newedge's predecessor companies, in 2006 and has served as global head of fixed income at Newedge since 2010.
LCH.Clearnet appointed Jill Considine as its first U.S. Chairman, the Financial News reported. Considine will join the board of LCH.Clearnet Group on April 25, and will also serve as chair of the board of LCH.Clearnet LLC. Considine served as Chairman and CEO of the DTCC from 1999 until 2008 and was previously president of the New York Clearing House Association LLC for five years. Jacques Aigrain will remain chairman of LCH.Clearnet Group.
Execution management system provider REDI Technologies has hired Sean Sullivan as its global head of business development. Sullivan, a pro with over 20 years of experience in financial technology, oversees global business and sales strategy for the newly independent company. He will bring to market the now broker-neutral REDIPlus EMS and associated products. Recently, Sullivan was the president of Advise Technologies and before that was the head of global sales for Eze Castle Software. He reports to REDI chief executive Rishi Nangalia
Instinet hired Tony Necakov as it chief technology officer. Necakov, a veteran with over 20 years of experience, has spent his career developing trading platforms and managing technology organizations globally. He joined from Bank of America Merrill Lynch, where most recently he was responsible for its global equities high-touch trading technology group. He has also served in multiple senior trading technology development positions at JPMorgan, Merrill Lynch, Instinet, Bear Stearns, Swiss Bank and Goldman Sachs. He reports to chief executive officer Jonathan Kellner.
Professional Trading Solutions, holding company of LightSpeed Trading, named Andrew Brenner as its chief strategy officer. Brenner, a veteran with over 30 year experience, is responsible for managing special projects. Prior to this, Brenner was a senior advisor at Apex Clearing. Before that, he developed a new U.S. stock exchange for the International Securities Exchange, which was subsequently acquired by Direct Edge ECN, LLC. He has also done stints at Electronic Brokerage Systems, Fidelity, Credit Suisse and Morgan Stanley. He reports to chief executive Farid Naib.
Spot Trading, a Chicago-based prop trading firm, announced that three executives were made partners: Robin McInerney (pictured) along with Daniel Penley and Aki Nakagawa. McInerney, a 20-year veteran, has been chief financial officer since February 2013 and joined the firm in 2009 as finance director, controller.
The firm had 10 partners prior to these appointments.
