Boat Adds Former Liquidnet Executive Per Lovén as Commercial Director

Boat Services, a provider of solutions enabling MTFs, SIs and investment firms to comply with transparency Obligations Obligations In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you In finance, an obligation is a financial responsibility where the terms of a contract must be met. Should an obligation between parties fail then the party who is at default may face legal action. In this scenario, the guilty party will not only have to agree to pay the set amount to fulfill the contractual arrangement but may also be responsible for covering all legal proceedings cost. Routine payments or outstanding debt of any kind are considered financial obligations, so if someone owes you Read this Term which was acquired by Cinnober in 2014, has hired the former Head of International Corporate Strategy at Liquidnet for the newly developed role of Commercial Director.

Per Lovén has spent the last six years at Liquidnet where his focus was to create and deliver corporate strategies for Liquidnet members to help them to achieve best 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.

I believe that he will be incremental towards Boat’s future expansion plans.

At Boat, Lovén will be focusing on market structure and developing and maintaining the company’s existing customer base whilst leveraging relationships to execute business strategies.

Commenting on the appointment, Jamie Khurshid, CEO of Boat Services, said: “I am very happy that we have been able to take Per on board. Having known him for a number of years, I believe that he will be incremental towards Boat’s future expansion plans.”

Prior to heading up strategy at Liquidnet, Lovén spent over three years at the company in various project management roles and spent over six years at SimCorp as Head of Pre-Sales and a range of other consultancy roles.

Lovén will report to CEO Jamie Khurshid and will be based in Boat’s office in London.