TradingScreen, an leading independent provider of liquidity, has undergone a key change amongst its leadership today, installing Pierre Schroeder as its newest CEO. He takes over after serving on an interim basis since May 10, 2016. The move was instituted by TradingScreen’s board of directors and is tendered with immediate effect.

TradingScreen is a comprehensive provider of trading and investment technology via software as a service (SaaS). Mr. Schroeder steps into the new role after working in a multitude of senior level roles over the past two decades. He has worked at several capital markets and proprietary trading venues, including Société Générale.

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TradingScreen’s executive committee will now consist of Piero Grandi as its chair, Mr. Schroeder and Robert Trudeau, according to a company statement. Moreover, TradingScreen’s former CEO, Philippe Buhannic, is slated to no longer participate in the day-to-day management of the company, though will remain as member of the board of directors.

TradingScreen made headlines earlier today after it partnered with Quantitative Brokers (QB), a provider of clearer and dealer-neutral agency algorithms for fixed income and futures markets – the two groups essentially joined forces to provide execution algorithms via TradingScreen’s electronic trading platform.