Liquidnet Adds Chris Dennis as Head of US Fixed Income Sales

Liquidnet, a global institutional trading network, has appointed Chris Dennis as its newest Head of US Fixed Income Sales, according to a Liquidnet statement.

In his new role as the Head of US Fixed Income Sales, Mr. Dennis will be tasked with overseeing the sales and strategy of Liquidnet, as it readies its platform launch this quarter. He will be based out of New York, where he will be reporting directly to Liquidnet’s Head of Fixed Income, Constantinos Antoniades.

Mr. Dennis joins Liquidnet after over a decade of experience in the Fixed Income realm. Most recently, he worked at BlackRock as its Director of Investment Grade and High Yield Credit Trading. Additional stops include R3 Capital & Lehman Brothers, Credit Suisse First Boston, and Ernst & Young LLP.

According to Mr. Antoniades in a recent statement on the appointment, “Our network of the world’s leading asset managers owns the majority of corporate bonds and they will now have access to a centralized pool of corporate bond 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 which is key in helping to solve the liquidity crisis. As we look to further expand our platform, Chris’s Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term experience along with his strong industry relationships and passion will be instrumental in helping our Members get the most liquidity out of our platform.”

“I understand firsthand the challenges that bond traders face and the need for technology to make the process more efficient. Liquidnet has a history of driving innovation to solve industry challenges and they will continue to do that with the launch of the first dark pool for corporate bonds. I am fortunate to have the opportunity to further build out our community of market participants who will benefit from this solution. The platform is incredibly simple to use and, for the first time, will bring all the liquidity together in one place,” added Mr. Dennis in an accompanying statement.

Last month, Liquidnet unveiled the launch of Dark IEX, its newest order routing strategy for buy-side clients in tandem with the IEX. Liquidnet Dark IEX helps provide the buy-side with heightened exposure to safe trading opportunities via access to its comprehensive institutional liquidity pool. Moreover, buy-side clients will be able to implement their orders within the IEX itself.