Liquidnet Recuits Nicholas Stephan as Global Head of Fixed Income

Liquidnet announced that it has recruited Nicholas Stephan as its new Global Head of Fixed Income Products, Services and Dealer Relations, effective from October 2021.

Finance Magnates recently learned from a press release that Nicholas Stephan, an executive veteran with just short of twenty years of experience in Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term, has been selected by Liquidnet, a global institutional investment network, as its new Global Head of Fixed Income Products, Services and Dealer Relations.

Stephan will report to Mark Russell, Global Head of Fixed Income in New York. Additionally, Stephan will take on the responsibility of cultivating the company’s fixed income offering across primary and secondary markets. He will concentrate on advancing new trading protocols, governance and access to 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.

Taking a Peak at Stephan’s Vocational Background

Before the appointment, Stephan served BCG Partners for seven years. Most recently, he fulfilled the role of Managing Director/Co-Head of Fenics DeltaX North America. Previously the company promoted him from Managing Director/Head of Latium where he spent approximately six years, according to his LinkedIn profile.

Earlier on, he joined the ranks of Phoenix Partners Group as a CEO/Co-Founder in August 2005. The company was a hybrid voice and electronic boutique broking business holding its operations in both the US and Europe.

In late 2002, Stephan was the CEO, COO and Co-Founder of Axiom Global Partners. Based in New York, he spent close to three years in all three roles.

Prior to Axiom, Maxcor Financial – Eurobrokers recruited him as a Credit Broker for a short stint.

At Enron, he began in mid-1999 as an Analyst of Risk Assessment and Control. After a year, the company awarded him a promotion to Associate of Credit Trading.

The earliest known position Stephan performed was Commodity Broker at Credit Agricole Indosuez - Carr Futures where he stayed for over two years.

Latest Hire in the EMEA and Americas Region

This executive move is the latest hire in the EMEA and Americas region. Consequently, this has strengthened the fixed income team and widened Liquidnet’s expertise, acquired by TP ICAP earlier in 2021.

“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,” Mark Russell stated.

Stephan stated: “Liquidnet is an established brand, valued in the industry for its depth of connectivity and state-of-the-art technology. Coming from an entrepreneurial background, I’m thrilled to join a business with a clear vision that is poised for exponential growth.”