Liquidnet Taps James Rubinstein to Enhance EQS Offerings in US, Americas

Liquidnet, a global institutional investment network owned by the TP ICAP Group, has hired James Rubinstein as Head of Execution and Quantitative Services (EQS) for the Americas.

Rubinstein, who brings over two decades of experience to the role, will be responsible for setting the strategic direction and leading the effort for Liquidnet’s EQS offerings in the US and the Americas.

The former BNP Paribas’s Head of Electronic Equities Product, Americas, is based in New York, and will report to Rob Laible, Liquidnet’s Global Head of Equities.

James Rubinstein, in reaction to his appointment, expressed confidence in the company’s ability to provide institutional liquidity to its clients. “Liquidnet’s equity franchise has huge potential. Its deep and diverse pool of 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, combined with its technology, talent and trusted brand mean that we are well placed to meet our Members’ evolving needs,” he said.

Meanwhile, Laible described Rubinstein as “another step forward in enhancing our EQS offering in the US. His deep technical knowledge and track record of delivering innovative, market-driven solutions position us well to drive growth,” the equities head added.

Before joining BNP Paribas, Rubinstein spent three years with Deutsche Bank as Head of Electronic Equities, Americas. At the German multinational investment bank, Rubinstein was responsible for algorithmic development, quantitative research, transaction cost analysis, client consulting and liquidity strategy.

He joined Deutsche Bank from UBS where he spent twelve years as the Americas Head of Algorithms and Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term.

Liquidnet’s Focus on Fixed Income

Liquidnet in November last year recruited Nicholas Stephan as the Global Head of Fixed Income to cultivate the company’s fixed income offering across primary and secondary markets. Stephan was charged with advancing new trading protocols, governance and access to Liquidity.

In December, the private trading operator announced that it was enhancing the coverage of its services in continental Europe by deploying equities and fixed income specialists in Paris, Madrid, Frankfurt and Copenhagen.

However, earlier in September, the company launched a protocol that allows its members to trade new issues in bond markets across Europe and the United States.