Instinet Europe has elevated longtime executive Richard Parsons to serve as its next CEO.
Instinet LLC, the equity Execution services arm of the Nomura Group, has announced its latest senior appointment, tapping Richard Parsons as the newest Chief Executive Officer (CEO) of Instinet Europe Limited, pending requisite regulatory approvals, according to a Nomura statement.
The announcement at Instinet is the second major move this week, after Mark Govoni was named as Instinet’s President on Monday. Mr. Parsons steps into his new role after serving at Instinet for over fourteen years. In his new position as the CEO of the European unit, Mr. Parsons will be succeeding the active CEO, Adam Toms, who is relinquishing his role to pursue other interests.
Prior to the promotion, Mr. Parsons worked as Instinet Europe’s Head of Sales & Trading, a position he has held for several years, having originally joined the group back in 2002. Additional stops also have included E & D Asset Management and equities specialist Gartmore, part of a lengthy career extending to 1993, according to information made public on his Linkedin profile.
According to Instinet Incorporated’s CEO Jonathan Kellner, in a recent statement on the appointment, “Adam successfully led the European business for the last four years, delivering significant increases in market share and profitability. We are grateful for his many contributions, and we wish him the very best in his future endeavors. Richard is exceptionally well suited to lead Instinet Europe forward having served as a key member of our management team for more than 13 years.”
“Under Adam’s leadership, Instinet’s European franchise has ranked first in customer order book volume on the London Stock Exchange and now ranks in the top three for European customer business. The market landscape will continue to change dramatically in Europe ahead of MiFid II. I firmly believe that Instinet is particularly well positioned to serve clients as a leading agency execution broker,” reiterated Mr. Parsons in an accompanying statement.
Instinet LLC, the equity Execution services arm of the Nomura Group, has announced its latest senior appointment, tapping Richard Parsons as the newest Chief Executive Officer (CEO) of Instinet Europe Limited, pending requisite regulatory approvals, according to a Nomura statement.
The announcement at Instinet is the second major move this week, after Mark Govoni was named as Instinet’s President on Monday. Mr. Parsons steps into his new role after serving at Instinet for over fourteen years. In his new position as the CEO of the European unit, Mr. Parsons will be succeeding the active CEO, Adam Toms, who is relinquishing his role to pursue other interests.
Prior to the promotion, Mr. Parsons worked as Instinet Europe’s Head of Sales & Trading, a position he has held for several years, having originally joined the group back in 2002. Additional stops also have included E & D Asset Management and equities specialist Gartmore, part of a lengthy career extending to 1993, according to information made public on his Linkedin profile.
According to Instinet Incorporated’s CEO Jonathan Kellner, in a recent statement on the appointment, “Adam successfully led the European business for the last four years, delivering significant increases in market share and profitability. We are grateful for his many contributions, and we wish him the very best in his future endeavors. Richard is exceptionally well suited to lead Instinet Europe forward having served as a key member of our management team for more than 13 years.”
“Under Adam’s leadership, Instinet’s European franchise has ranked first in customer order book volume on the London Stock Exchange and now ranks in the top three for European customer business. The market landscape will continue to change dramatically in Europe ahead of MiFid II. I firmly believe that Instinet is particularly well positioned to serve clients as a leading agency execution broker,” reiterated Mr. Parsons in an accompanying statement.
Noel Quinn's Surprise Exit Marks End of an Era at HSBC
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
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#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
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Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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