BMLL, an independent provider of historical Level 3 data and analytics for global equity and futures markets, announced on Tuesday the appointment of industry veteran Rob Laible as the Head of Americas. In addition, the company has plans to open a New York area-based office.

BMLL Rob Laible as Head of Americas

The appointment was strategic and will support the company’s geographic expansion growth plans. Laible, who will report directly to the CEO of BMLL, Paul Humphrey, will help the company with strategic priorities in the Americas and build a US-based team to handle the “increasing demand” from US-based clients.

“I have been very impressed with BMLL’s fast growth journey, the caliber of the leadership team, and the strength of their product,” Laible said in a statement.

“Now more than ever, global institutions need to fully understand how markets behave and improve their analytics capabilities to generate alpha more predictably and deliver improved trading outcomes for clients. I look forward to growing BMLL’s presence in the US to better deal with growing customer demands in the region.”

Laible is an industry veteran with more than two decades of experience working with several financial services giants. Most recently, he worked at Liquidnet, spending eight years of his career there in several executive roles, including Chief Operating Officer and Global Head of Execution & Quantitative Services. He parted with the firm last August as the Global Head of Equities.

Before Liquidnet, he was a Division Director at Macquarie Group and worked as the Head of Program Trading and Electronic Execution for Asia. On top of that, he was a Managing Director at Nomura Securities and spent ten years of his career at the now-collapsed Lehman Brothers.

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BMLL Is Growing

BMLL appointed Laible after the company raised $26 million in its Series B funding round, led by Nasdaq Ventures, FactSet, and IQ Capital’s Growth Fund. Closed last October, existing investors of BMLL, like ACF Investors, also participated in the funding round . Before the funding round was closed, the company expanded its presence in the market with a partnership agreement with Aquis Exchange, the operator of Pan-European equity trading exchanges.

“Over the last two years, we have significantly grown the business. We have added Tier 1 clients, including Investment Banks, Exchanges, Buy-Side firms, Academics and Regulators and expanded into the futures market,” Humphrey said.

“Bringing Rob on board with his seasoned experience will ensure that we continue on our growth journey and expand our capabilities across the Americas, making BMLL Level 3 Data and analytics capabilities available to an increasing number of market participants.”