People Moves: TP Icap, Nasdaq, CFTC, and more

A look at some of the key "people moves" from this week, including Mark Govoni (pictured), who joins TP Icap as the chief executive officer of its agency execution division.

Mark Govani

Instinet’s Govoni to head up TP Icap’s agency execution division

TP Icap, an electronic market infrastructure and information provider, has hired Mark Govoni as chief executive officer of its agency execution division. Govoni replaces John Ruskin, who has decided to step away from the business after leading the integration of Liquidnet into the TP Icap Group. Ruskin will stay with the group until the end of June to ensure an orderly transition.

TP Icap’s agency execution division is formed

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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