Jonathan Clark Named President of Luminex

Clark will be named president effective August 1.

boston-skyline
Luminex corporate offices are based in Boston.

Luminex Trading & Analytics, a dark pool owned and operated by nine buy-side firms, has named Jonathan Clark the president of Luminex effective August 1.

Clark will report to Michael Cashel, the trading venue's interim CEO and a senior vice president at Fidelity, which owns 60 percent of Luminex. Upon Luminex receiving the required regulatory licenses, Clark will take over executive leadership responsibilities as CEO.

Clark is currently the co-head of equity trading in the Americas at BlackRock, another part owner of Luminex. Clark joined BlackRock after the firm's acquisition of Merrill Lynch Investment Management where he was a portfolio manager and derivatives specialist from 1999 to 2006.

Luminex was launched in January with the goal of reducing trading costs and eliminating the influence from high-frequency traders. It is set to go live in third quarter of 2015.

"Luminex is an innovative and advanced trading technology platform that is well-positioned to address the challenges of sourcing block liquidity and delivering lower costs to investment managers. I look forward to working to harness its potential," Clark said in a statement.

 

  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: