Andy Baxter, formerly chief operating officer, has been appointed to the newly created position of vice chairman of Instinet. He continues to report to Michael Sanderson, president and CEO of Instinet and chairman and CEO of Reuters America Holdings. Also promoted at Instinet was Richard Schenkman, executive vice president. Schenkman, previously responsible for domestic trading, was given additional responsibility for global trading and global technology. In addition, an executive committee has

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Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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