Pershing LLC has hired Craig Messinger as a managing director and a member of the Executive Committee. Messinger will have senior management responsibility for Pershing’s global agency trading and principal trading activities.
Before joining the firm, he was president of Fidelity Capital Markets where he was responsible for leading the growth of the trade execution business and providing execution services to institutional, retail, introducing broker-dealers and registered investment advisor clients. Prior to that, Messinger held a number of senior management positions at Lehman Brothers, including senior vice president of Lehman Brothers Japan, Inc., and president and chief executive officer of Lehman Brothers Canada, Inc. Messinger served on the Board of Directors for the Chicago Board Options Exchange, REDIBook ECN, Boston Stock Exchange, Archipelago Exchange, and the Bond Market Association, where he was also treasurer. He is a graduate of the University of Pennsylvania, Wharton School.
“Craig is an accomplished leader in the trading services arena,” said Richard F. Brueckner, chief executive officer, Pershing. “Craig will assume an important leadership role in helping us build our trading franchise on the foundation of superior execution service, and ensure that we adapt to changes in regulations, market structure, and customer expectations.”