Liquidnet, the global institutional trading network, has appointed Patrick Young as non-executive director of Liquidnet Europe.
Young will provide strategic counsel to Liquidnet as it expands its business in Europe and further expand its exchange partnership strategy globally. He joins directors Seth Merrin, John Barker, Simon Ormrod and Adrian Fitzpatrick.
Young has spent two decades working in the cash and derivatives markets across the EU, Eastern Europe, North America and Australia. He is currently chairman of DV Advisors, a securities exchange consultancy, and most recently served as CEO of SIBEX.
He also has worked in the development of financial centers around the world and has advised exchanges in the U.S., Europe and Asia, including CME, NYSE Euronext and Deutsche Brse. He is also the author of several financial books, including “Capital Market Revolution!”
“Patrick’s 20 years in the cash and derivatives markets, the strength of his advisory connections and his experience as chief executive officer of SIBEX in Romania will be of great value to Liquidnet as we look to further extend our institutional reach and continue to provide asset managers in Europe with quality, actionable liquidity, says John Barker, head of International for Liquidnet and managing director of Liquidnet Europe.
Young adds: “Over the years I have watched with interest as Liquidnet has successfully created new opportunities for institutional investors and other capital market participants despite economic conditions and a changing equity market structure. I am absolutely delighted to become part of the Liquidnet team as they continue to deliver cutting edge institutional trading solutions and evolve the markets.
(CG)