Virtu’s John Emmert Jumps Ship to Lead Liquidnet Americas Business

by Aziz Abdel-Qader
  • Emmert is a two-decade trading veteran with strong client relationships, having worked for 10 years at Deutsche Bank Securities.
Virtu’s John Emmert Jumps Ship to Lead Liquidnet Americas Business
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Liquidnet, an institutional trading and equities network, has appointed securities industry veteran, John Emmert to head up its agency-only trading business in the Americas.

Emmert joins Liquidnet as Head of Trading Desk for the Americas from rival Virtu Financial where he served for less than a year as Chief of Global Program Sales & Trading. Prior to this, he operated for two years in an analogous role at ITG (NYSE:ITG), the execution broker and financial technology provider.

Emmert is a two-decade trading veteran with strong client relationships, having worked for ten years as a Director in the Global Program Sales & Trading group at Deutsche Bank Securities. Prior to Deutsche Bank, he served in program sales trading roles at Société Générale. Other stops in his career include senior sales positions at Susquehanna International Group, BNP Paribas and Bankers Trust, which are all based in New York.

In his new role, Emmert reports directly to Liquidnet’s Head of Execution and Quantitative Services for the Americas, Mike Capelli. He has been tasked with consolidating Liquidnet’s existing trading experience including TCA, Liquidity search tools and real-time Analytics across the desk’s algorithmic program and single-stock trading capabilities.

Liquidnet to Be Acquired Soon by TP ICAP

“As we continue to expand our high touch coverage model, John’s experience with the buy-side, along with his strong industry relationships will be a key differentiator when combined with our real-time data and analytics execution products and solutions,” commented Mike Capelli.

“I’m thrilled to have joined a team with such a client-first mentality and to have the opportunity to further build upon Liquidnet’s leading execution solutions, technology and innovative culture,” added Emmert.

Recently, Liquidnet made headlines after TP ICAP, as the world’s largest interdealer broker, confirmed plans to acquire the private trading operator. The deal values Liquidnet between $600 million and $700 million.

Liquidnet, which was reportedly seeking a $1 billion valuation, was founded by Seth Merrin in 1999. The New York company is known for operating dark pools that allow institutional investors to trade stocks anonymously.

Liquidnet, an institutional trading and equities network, has appointed securities industry veteran, John Emmert to head up its agency-only trading business in the Americas.

Emmert joins Liquidnet as Head of Trading Desk for the Americas from rival Virtu Financial where he served for less than a year as Chief of Global Program Sales & Trading. Prior to this, he operated for two years in an analogous role at ITG (NYSE:ITG), the execution broker and financial technology provider.

Emmert is a two-decade trading veteran with strong client relationships, having worked for ten years as a Director in the Global Program Sales & Trading group at Deutsche Bank Securities. Prior to Deutsche Bank, he served in program sales trading roles at Société Générale. Other stops in his career include senior sales positions at Susquehanna International Group, BNP Paribas and Bankers Trust, which are all based in New York.

In his new role, Emmert reports directly to Liquidnet’s Head of Execution and Quantitative Services for the Americas, Mike Capelli. He has been tasked with consolidating Liquidnet’s existing trading experience including TCA, Liquidity search tools and real-time Analytics across the desk’s algorithmic program and single-stock trading capabilities.

Liquidnet to Be Acquired Soon by TP ICAP

“As we continue to expand our high touch coverage model, John’s experience with the buy-side, along with his strong industry relationships will be a key differentiator when combined with our real-time data and analytics execution products and solutions,” commented Mike Capelli.

“I’m thrilled to have joined a team with such a client-first mentality and to have the opportunity to further build upon Liquidnet’s leading execution solutions, technology and innovative culture,” added Emmert.

Recently, Liquidnet made headlines after TP ICAP, as the world’s largest interdealer broker, confirmed plans to acquire the private trading operator. The deal values Liquidnet between $600 million and $700 million.

Liquidnet, which was reportedly seeking a $1 billion valuation, was founded by Seth Merrin in 1999. The New York company is known for operating dark pools that allow institutional investors to trade stocks anonymously.

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