Virtu’s John Emmert Jumps Ship to Lead Liquidnet Americas Business

Liquidnet, an institutional trading and equities network, has appointed securities industry veteran, John Emmert to head up its agency-only trading business in the Americas.

Emmert joins Liquidnet as Head of Trading Desk for the Americas from rival Virtu Financial where he served for less than a year as Chief of Global Program Sales & Trading. Prior to this, he operated for two years in an analogous role at ITG (NYSE:ITG), the execution broker and financial technology provider.

Emmert is a two-decade trading veteran with strong client relationships, having worked for ten years as a Director in the Global Program Sales & Trading group at Deutsche Bank Securities. Prior to Deutsche Bank, he served in program sales trading roles at Société Générale. Other stops in his career include senior sales positions at Susquehanna International Group, BNP Paribas and Bankers Trust, which are all based in New York.

In his new role, Emmert reports directly to Liquidnet’s Head of Execution and Quantitative Services for the Americas, Mike Capelli. He has been tasked with consolidating Liquidnet’s existing trading experience including TCA, 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 search tools and real-time Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term across the desk’s algorithmic program and single-stock trading capabilities.

Liquidnet to Be Acquired Soon by TP ICAP

“As we continue to expand our high touch coverage model, John’s experience with the buy-side, along with his strong industry relationships will be a key differentiator when combined with our real-time data and analytics execution products and solutions,” commented Mike Capelli.

“I’m thrilled to have joined a team with such a client-first mentality and to have the opportunity to further build upon Liquidnet’s leading execution solutions, technology and innovative culture,” added Emmert.

Recently, Liquidnet made headlines after TP ICAP, as the world’s largest interdealer broker, confirmed plans to acquire the private trading operator. The deal values Liquidnet between $600 million and $700 million.

Liquidnet, which was reportedly seeking a $1 billion valuation, was founded by Seth Merrin in 1999. The New York company is known for operating dark pools that allow institutional investors to trade stocks anonymously.