Liquidnet Recruits Chris Jackson as European Head of Execution

Liquidnet, a global institutional trading network, has acquired the services of Chris Jackson as its newest European head of Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term and quantitative services (EQS) group, according to a Liquidnet statement.

Mr. Jackson joins Liquidnet from Citi, having worked as the head of execution sales – Europe, Middle East and Africa (EMEA). In addition to his time at Citi, he worked at Merrill Lynch in a senior level role for twelve years, focusing on sales and electronic trading.

Mr. Jackson’s two decades of experience in similar roles will help him oversee strategic direction of the European trading desk and algorithmic services group. In addition, as head as the European arm of EQS, he will manage the senior sales effort for Liquidnet's global algorithmic offering.

Back in October, Liquidnet fortified its European fixed income team with the appointment of Jonathan Gray as its head of fixed income sales, helping broaden the firm’s offering.

According to Mark Pumfrey, head of EMEA at Liquidnet, in a recent statement on the appointment, "The build out of our EQS offering will be essential as our Members continue to seek out ways to improve investment performance. Chris is a proven leader working in execution services at top tier investment banks and building senior client relationships, which will be essential as we grow this business in the region. Over the course of the year we will continue to expand the EQS offering bringing to our Members cutting edge products 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 so that they can best achieve their trading objectives.”

"As asset managers begin to look even more closely at execution quality and services, there has never been a better time to join Liquidnet which enables its members to execute large block trades in the most efficient way. I am looking forward to bringing my market and product expertise across electronic, program and block trading to help drive Liquidnet's EQS strategy and sales effort across Europe," added Mr. Jackson in an accompanying statement.