Buyside-sponsored trading venue IEX has hired Sophia Lee as its general counsel, making her the firm’s first senior level executive hire since its inception. Lee, an 18-year veteran, comes from block trading venue Liquidnet, where she was deputy general counsel. She also spent time prior at agency-only broker ITG as associate general counsel and at Paul, Weiss, Rifkind, Wharton & Garrison LLP as a corporate associate. Lee began her Wall Street career as a technology associate at Morgan Stanley. She reports to IEX’s chief operator officer John Schwall.
If you’ve received a new job or promotion, let Traders know at onthemove@sourcemedia.com.
Buysider Danny Dayan has joined Delaware-based Ice Farm Capital as a managing director. Dayan, a nine-year professional, came from Macro Risk Advisors where he was vice-president, fixed income sales and strategy. Prior to that, he worked at Credit Suisse in interest rate sales and as an equity derivatives consultant at Murex NA. He started his career in 2005 at SJJ Capital as a prop trader where he traded long/short strategies.
NasdaqOMX appointed several industry executives, Anthony Belchambers, Rod Banus and Andrew Chart, as non-directors at its NLX exchange. Anthony Belchambers was formerly the chief executive of the Futures and Options Association. Rod Banus is global product manager, futures and options and an executive director at Nomura International. Andrew Chart is a senior director in the origination and structuring, prime clearing services group at Newedge.
Block trading venue Liquidnet has hired Bob Garrett, formerly Well Fargo Securities trading head, as its new head of technology and as a member of the firm’s leadership team. Garrett, a market veteran with more than 23 years of experience in various technology leadership positions, joins from Wells Fargo Securities where he was head of equity trading and prime services technology. Prior to this, he was the chief technology officer of Merlin Securities, which was acquired by Wells Fargo, where he supported all aspects of the business including the platform that supported Merlin’s 500+ hedge fund clients. Prior to Merlin Securities, Garrett was the global head of execution services technology at Deutsche Bank where he drove the global build out of the equities electronic trading platform. He has also held roles at Bank of America Securities, Sapient and AT&T. He is based in New York and reports John Kelly, Liquidnet’s chief executive.