Front-Line Mainstay Howard Edelstein Joins Algomi as Strategic Advisor

Howard Edelstein, the Chairman and CEO of BondDesk and familiar face with Capital markets STP has joined multi asset-class service

Howard EdelsteinHoward Edelstein, the Chairman and CEO of BondDesk and familiar face with Capital markets STP, has joined multi-asset class service provider Algomi as its newest strategic adviser, along with the obtainment of an equity stake in the company’s liquidity start up.

Algomi Solutions Entrenched Across Financial Industry And Asset Classes

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connectNew York-based Algomi is headed by a diverse panel of experts and staff formerly from all around the industry, whose company provides services for investment banks, exchange providers, FX brokerages  and platform providers. Moreover, Algomi boasts an extensive array of banking clients for its Synchronicity Crossing Engine, a premier option in voice trading commands. Other projects by the company include its Connectivity Hub, which serves as a centrally hosted solution that enables trading platforms to consume liquidity from sources such as retail exchanges.

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Edelstein Joins Algomi with Long List of Credentials

Edelstein has already made a long and prosperous name for himself in the front-line automated trading realm, having worked with NYFIX, BT Radianz and Thomson ESG. In his most recent venture, he served as Chairman and CEO of BondDesk in 2013, now taken over by Tradeweb.

algomiAccording to Edelstein in a recent statement on his integration with Algomi, “As banks progressively come under pressure from global regulations that require them to work their balance sheet harder, there needs to be a sea-change in their fixed income trading strategy. Algomi delivers a truly innovative approach to information management within a bank’s global fixed income trading franchise that helps them operate more efficiently and cope with the regulatory environment while maintaining profitability.”

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