LiquidNet Taps Senior Fidelity Executive Brian Conroy as its New President
LiquidNet, the global institutional investment network has secured top Fidelity executive Brian Conroy as its newest President. According to the group statement, the appointment into the role is with immediate effect and will be based out of the company’s New York office.
Mr. Conroy’s career has spanned over three decades, and most recently he was serving as President of Fidelity Worldwide Investment. Prior to that, Conroy had taken the role of President of Fidelity Capital Markets. He has also worked with leading investment banks such as JPMorgan, Goldman Sachs, ABN AMRO, and SAC LLC dating back to 1987.
Brian Conroy will report directly to LiquidNet CEO Seth Merrin and will be responsible for overseeing the company’s growth, building new businesses organically or through acquisition and expanding buy-side clients.
Seth Merrin, CEO and Founder, issued a statement on the appointment:
“Liquidnet has brought a lot of innovation to the financial industry, and there is so much more we want to do. Brian thinks like we do, acts like we do, and brings a wealth of knowledge and experience that supplements our own. We are very excited and believe that Brian is uniquely qualified to lead our new businesses that address our Members’ largest focus, outperforming their benchmarks, and uncovering new sources of alpha generation.”
Brian Conroy also added:
“As a global fintech that has fostered a network of over 1000 asset managers, Liquidnet has a unique position in the marketplace today. I am energized by the company’s commitment to delivering innovative technology that solves for large market inefficiencies. Liquidnet has a long history of partnering with the buy side to build long-lasting solutions together, and I look forward to joining the team.”
CMC Markets Appoints Equity and Derivative Brokerage Specialist Malcolm Ford to its London Team
CMC Markets, the leading provider of liquidity and white label trading solutions has announced the addition of equity and derivative brokerage specialist Malcolm Ford to its London team.
Malcolm Ford has extensive experience in working with both buy-side and sell-side clients in different regions. During his three-decades-long career, Malcolm Ford has worked with Crédit Agricole Cheuvreux, Morgan Stanley and Linear Investments and also assisted several Fintech start-ups.
At CMC Markets, Malcolm Ford will be responsible for promoting the multi-asset liquidity offering to a wider range of hedge funds and smaller institutions.
MultiBank Group Appoints Hasan Al Aqqad as its CEO for MENA Division
Online retail brokerage group, MultiBank Group has appointed Hasan Al Aqqad as Chief Executive Officer of the company’s Middle East and North America division.
Hasan Al Aqqad is based in Dubai and has worked with some of the leading FX brokers of the industry. Al Aqqad joins MultiBank Group from FCA-regulated One Financial Markets, where he was Regional Manager.
Prior to One Financial, he was working with Alpari, managing the firms introducing broker and retail trading division, before being promoted as Head of Sales in 2012. He started his career in the trading world in 2006, when he joined the Al Ahlia General Trading Co in Abu Dhabi, working as a marketing and sales person.