BATS Chi-X Europe has appointed David Howson as chief operating officer, charged with overseeing the alternative exchange's software engineering, infrastructure and operational teams.
He will join BATS Chi-X Europe in June and report to CEO Mark Hemsley.
Most recently Howson was chief technology officer at Equiduct Systems Ltd., where he was one of the founders. Howson helped design and implement its technology platform and market structure and was responsible for technology strategy, market structure and post-trade services.
"[Howson] brings considerable experience to our management team, and a proven track record of implementing robust trading systems and operational excellence," Hemsley says. "His background in delivering solutions to the European retail market at Equiduct underscores our commitment to strengthen our customer relationships and respond to a broad range of customer needs."
Before working at Equiduct, Howson was solutions architect and principal consultant at Reuters Consulting. While there, he implemented systems for NASDAQ Europe and NASDAQ Deutschland and was principal consultant to the NASDAQ Stock Market based in the U.S.
Howson says: "BATS Chi-X Europe's unique position as the leader in pan-European markets has made it a driving force for change in European market structure, whilst delivering innovative technology products and services that meet the needs of current and future customers. I am pleased to join this dynamic team and a global leader in market structure and exchange technology."
BATS Chi-X Europe reports a 22.5% market share of overall European equities.