She joins Liquidnet from MarketAxess, where she was Head of Rates after the firm acquired LiquidityEdge LLC, where she served as Chief Executive Officer.
Liquidnet has appointed Nichola Hunter as Global Head of Sales for Fixed Income, responsible for growing client relationships through the delivery of tailored and innovative solutions.
Based in London, Nichola Hunter will report directly to Mark Russell, Global Head of Fixed Income of the technology-driven agency execution specialist.
Her 25 years of experience in banking and electronic trading includes having played a significant role in driving the evolution of the fixed income market.
Nichola Hunter held key positions at ICAP, LiquidityEdge, and MarketAxess
She joins Liquidnet from MarketAxess, where she was Head of Rates after the firm acquired LiquidityEdge LLC, where she served as Chief Executive Officer.
Prior to LiquidityEdge, Hunter held senior positions at ICAP including co-head of EBS Market, Global Head of Product Management for EBS and Global Head of Client Services for ICAP’s Electronic Broking business.
Mark Russell, Global Head of Fixed Income at Liquidnet, commented: “Our Fixed Income business is developing at pace. In just a matter of months, we’ve introduced new protocols to trade both primary and secondary markets. We’ve also expanded geographically. As we continue on our mission to support the full lifecycle of a bond and a trader’s need for execution choices, Nichola’s knowledge and expertise will be a key factor in our ability to harmonize the offering and ensure it is truly tailored to the needs of the industry. I am delighted she is on board.”
Nichola Hunter, Liquidnet’s Global Head of Sales, Fixed Income, said: “The combination of Liquidnet’s state-of-the-art electronic platform covering all aspects of the trading lifecycle, combined with the distribution and reach that comes with being part of TP ICAP group, the world’s largest interdealer broker, distinguishes our offer in the market. I am excited to join the team and to help drive the next stage in its growth strategy.”
Liquidnet upgrades New Issue Trading (NIT) protocol
Liquidnet parent company TP ICAP has recently enhanced Liquidnet’s New Issue Trading (NIT) protocol for bonds with additional smart execution tools that direct different order types to the most appropriate execution methods.
Liquidnet’s network of asset managers might see big benefits from automating new issue data and workflows from TC Icap’s bank customers.
Liquidnet launched the NIT protocol back in September 2021 as the first electronic solution to trade new issues in Europe. While secondary market bond trading is increasingly electronic, new issues at this time were only just beginning to catch up.
The move enables the buy-side and the sell-side to trade together for the first time from a TP ICAP screen, combining a workflow tool to automate and streamline new issue announcements and pricing data.
