Liquidnet On-Boards Simon Gilbert, Focusing on US Equities Space

Liquidnet, an institutional trading and equities network, has on-boarded Simon Gilbert as its newest Sales Director, who joins the group’s London office, according to a company statement.

In his new role Mr. Gilbert will be tasked with assisting the group’s European Members source institutional Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term in US equities. In this capacity, Mr. Gilbert will be reporting to Tony Booth, Head of Sales at Liquidnet. His appointment will also see him working in tandem with Liquidnet’s Trade Coverage, Sales, Fixed Income and 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 and Quantitative Services teams, helping develop the group’s long-term sales strategies.

Mr. Gilbert joins Liquidnet with over a decade of experience in US equity sales for Europe. His most recent role was at Sterne Agee, having worked as its Director of the London-based US equities side of the business. Additional roles also include City Life, Piper Jaffray, Macquarie, among others.

According to Mark Pumfrey, Head of Liquidnet EMEA, in a statement on the appointment: “There is real demand for US liquidity in EMEA, so I am delighted to welcome Simon to the company to focus on further developing our US equities business with the European buy-side community. His experience in building and running US equities desks in Europe will be a great addition to our global institutional trading network.”

“I am excited to join Liquidnet’s European business and believe there are great opportunities for the buy side to capture alpha in US equities, using Liquidnet’s unique combination of large-in-scale natural liquidity and its cutting-edge algo suite. I am very much looking forward to developing these opportunities for our existing Members and highlighting the potential upside to prospective members,” explained Mr. Gilbert in an accompanying statement.