People Moves: LedgerEdge, Broadridge, Talos, Liquidnet, and more

LedgerEdge adds fixed-income veteran Dom Holland 

LedgerEdge, a distributed-ledger corporate bond trading platform, has appointed senior fixed-income veteran Dom Holland to the role of business development for the US, reporting to Michelle Neal, who was appointed US CEO in July 2021. This appointment will support the US expansion of the firm, which is rolling out a global corporate bond trading platform built on distributed ledger technology. LedgerEdge is launching a UK multilateral trading facility (MTF) followed by a launch of a US alternative trading system in the first quarter of 2022.

Holland brings more than 15 years of senior leadership to his new role. He was previously head of fixed-income electronic markets at BNY Mellon, and prior to that held senior roles at Deutsche Bank and RBC Capital Markets. He is currently an adviser to River Avenue, Bond 180, and Strategic Ratings.

Broadridge appoints Trip Chong to securities class actions solutions

Broadridge has hired Trip Chong as director of business development for its securities class actions solutions. Chong has more than 13 years of industry experience in securities group investor actions with a particular focus on international jurisdictions. She will be based in the UK and will be responsible for selling Broadridge’s class action solutions to markets outside of North America.

Chong joins Broadridge from Institutional Protection, a specialist investor litigation monitoring, advisory and recovery firm,  where she was head of strategic partnerships. She worked closely with law firms, litigation funders and investor rights groups to help clients navigate the complex landscapes of international securities litigation.

Talos expands into Asia with new head of APAC

Talos, a digital assets trading technology provider, has expanded into Asia with the hiring of Samar Sen as head of Asia-Pacific. Additionally, the firm announced plans to open a Singapore office imminently.

Prior to joining Talos, he served as the global head of digital products for securities services at Deutsche Bank, where he co-led the bank’s digital asset strategy and product delivery. In addition, he has held senior Asia-based roles at BNP Paribas, Barclays, and TradeHero after starting his career at Goldman Sachs in New York.

Liquidnet names Nicholas Stephan to fixed-income team

Liquidnet, a global institutional investment network, has added Nicholas Stephan as global head of fixed income product, services, and dealer relations. The appointment is the latest in a series of hires in Emea and the Americas that has significantly increased the size and expertise of the fixed-income team since Liquidnet’s acquisition by TP Icap earlier this year. Stephan will be responsible for growing the company’s fixed-income offering across primary and secondary markets, and he will focus on developing new trading protocols, governance, and access to liquidity.

He joins Liquidnet from Fenics DeltaX, an electronic corporate bond trading venue, where he was managing director. Prior to that, he co-founded and headed Phoenix Partners Group, a hybrid voice and electronic boutique brokerage with operations in the US and Europe that was acquired by GFI Group in May 2013 and rebranded to Latium.

He will be based in New York and report to Mark Russell, global head of fixed income.

Bitvore taps Mendez for alt data alliances

Jason Mendez, a veteran market data manager who has served at buy-side and sell-side firms and vendors, has joined alternative data provider Bitvore as vice president of partnerships, a newly created role designed to help the vendor expand its reach in the capital markets via partnerships with other data providers.

Mendez most recently spent two years as content operations lead at investment manager Millennium, prior to which he was supplier relationship manager at Crux Informatics. Before that, he held market data manager roles at Neuberger Berman, Raymond James Financial, and Alliance Bernstein, where he spent almost 10 years. Before that, he held data analyst roles at Citigroup, The Roberts Group (now TRG Screen), Lazars, and Benfield Blanch.

Based in St Petersburg, Fla., Mendez reports to recently appointed CEO Elizabeth Pritchard, a former Goldman Sachs and AIG exec with whom he previously worked when she was co-founder and go-to-market of Crux.

Trumid names Mike Sobel co-CEO alongside Ronnie Mateo

Trumid, a fixed-income electronic trading platform, has named Mike Sobel as co-CEO. A founding member of Trumid’s team, Sobel will remain Trumid’s president and will continue to serve on the company’s board of directors.

Sobel and founder and co-CEO Ronnie Mateo will partner as they have since 2014 to lead Trumid’s innovation, growth, and expansion. The appointment of co-CEOs is a formalization of Trumid’s existing operating model, with each CEO focusing on his respective strengths. Mateo’s focus will remain on Trumid’s clients and culture. Sobel will continue to lead the company’s strategy, operations, and growth initiatives.

Adaptive promotes Fergus Keenan to chief strategy officer

Adaptive Financial Consulting, a global electronic trading consultancy, has appointed Fergus Keenan as its chief strategy officer. He will be responsible for implementing the firm’s overarching business vision and strategy.

Based in New York, Fergus will help drive Adaptive’s global growth as the business expands its client base, delivering proprietary trading solutions across asset classes, including delivering trading platforms and compliance systems.

Keenan joined Adaptive as a senior consultant in London in 2014 before becoming head of project execution. In 2017, he moved to New York to set up Adaptive’s US operations and grow the North American business. Prior to joining Adaptive, he held roles in electronic trading and execution technology at Barclays and BNP Paribas.