Liquidnet Bolsters Execution Group with Two Senior Hires

Liquidnet, a global institutional trading network, has bolstered its Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term & Quantitative Services (EQS) Group with the addition of new hires, including Craig Viani and Gerald Casey, who join the group with immediate effect, according to a Liquidnet statement.

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Liquidnet’s EQS Group caters to buy-side traders, helping them utilize institutional Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and trading insights, whilst streamlining the entirety of the execution process. The EQS Group has been the repeated focus of several efforts by Liquidnet to further its goals in the institutional space – an initiative that has now secured two new industry standouts.

Craig Viani has joined Liquidnet’s Algo Services Group as its newest execution consultant, following a career spanning two decades in the financial services industry. He will be reporting directly to to Mike Capelli, Liquidnet’s Head of Algo Services Group.

Prior to his appointment at Liquidnet, Mr. Viani has held multiple senior level roles at ConvergEx. This included such positions as managing director and head of US Electronic Trading Product Management. Additional stops include Greenwich Associates, having worked as its VP of Market Structure & Technology Research in the equities space.

Mr. Casey lands at Liquidnet as its newest Head of Trading Strategy, joining the group from Barclays Capital – in this capacity he served as a member of its Global Portfolio Sales Team. The remainder of his tenure has been at such venues as Nomura, Lehman Brothers, and Société Générale, collectively comprising a career during which he has accrued two decades of experience.

According to Rob Laible, Co-Head of the Americas and Global Head of Liquidnet’s EQS Group, in a recent statement on the appointments: “Two years ago we made the calculated decision to invest in our EQS business, and in 2015 our Members began to see the results. 2016 holds even more opportunities for us, including expanding our model to better serve index and quantitative funds. The acquisition of top talent like Craig and Jerry will be instrumental to the continuation of this global growth story.”