Liquidnet, a global institutional investment network, has appointed Nicholas Stephan as Global Head of Fixed Income Product, Services and Dealer Relations.
The appointment is the latest in a series of hires in EMEA and the Americas that has significantly increased the size and expertise of the fixed income team since Liquidnet’s acquisition by TP ICAP earlier this year.
Based in New York and reporting to Mark Russell, Global Head of Fixed Income, Stephan will be responsible for growing the firm’s fixed income offering across primary and secondary markets. Specifically, he will focus on developing new trading protocols, governance, and access to liquidity.
Stephan joins Liquidnet from Fenics DeltaX, an electronic corporate bond trading venue, where he was Managing Director. Prior to this, he co-founded and headed Phoenix Partners Group, a hybrid voice and electronic boutique broking business with operations in the US and Europe that was acquired by GFI Group in May 2013 and rebranded to Latium.
Russell says: “Liquidnet Fixed Income is in an exciting phase of growth and development. Building on Liquidnet’s capabilities in primary and secondary markets, Nick’s expertise will help us to enhance our offering and achieve our goal to electronify the full life cycle of a bond.”