Justyn Trenner Leaves EBS BrokerTec to Lead New Project Sophact

The Head of Corporate Development at EBS BrokerTec, Justyn Trenner, is leaving the company to venture into a new financial markets project. The news comes as the COO of ICAP Ken Pigaga has decided to step down after the announcement of the merger between the voice broking units of ICAP and Tullett Prebon.

Justyn Trenner has been at EBS since 2012 when he joined the firm as Global Head of 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 Optimization after ICAP acquired his company ClientKnowledge, which he founded in 1993. The acquisition of one of the most prominent companies specializing in FX liquidity optimization has helped ICAP’s EBS unit at a time when the company was just launching its EBS Direct service.

new company Sophact to focus on “insightful identification of financial markets opportunities"

ClientKnowledge’s edge in the market has been quantitative analysis and research. After the acquisition, the company has been transformed into EBS Liquidity Optimization Services, allowing for more efficient 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, best execution and improved profitability for the clients of ICAP’s foreign exchange business.

The information about the new venture where Justyn Trenner is holding the CEO position is so far limited. His LinkedIn profile states that the company is focusing on “insightful identification of financial markets opportunities; building and implementing plans to exploit the opportunities.”