UnaVista Makes Senior US Hires from S&P and NEX
LSE-owned business adds sales and marketing execs ahead of Mifid II and CAT implementation dates
Trade reporting specialist UnaVista has appointed two senior executives for its North American business, ahead of the implementation of regulatory initiatives in both Europe and the US.
Owned by the London Stock Exchange Group (LSEG), UnaVista has hired Samuel Hyman and Marquis Green, who will be based out of LSEG’s New York offices.
Hyman, who becomes senior sales director, has previously worked at SuperDerivatives and Bloomberg. Most recently, he was responsible for foreign exchange and rates sales at TriOptima, part of NEX Group.
Green has taken the role of marketing manager, having spent the last 10 years at S&P Global, most recently as a senior marketing specialist for US financial institutions. Both took up their roles this month.
UnaVista operates as a registered trade repository in Europe and as an Approved Reporting Mechanism under the Markets in Financial Instruments Directive (Mifid). The review of Mifid, along with its accompanying regulation, is set to impose sweeping changes to trade and transaction reporting for European market participants when it goes live in January 2018, but will also have far-reaching implications for US firms.
Meanwhile, the US is preparing to launch the Consolidated Audit Trail in the US during 2018, along with reporting requirements in other asset classes that stem from the Dodd-Frank Act.
UnaVista has around 50,000 users and processes 5 billion transactions on an annual basis, according to its CEO, Mark Husler. The weight of incoming regulations provides an “enormous opportunity” for the firm’s US business, he added in a statement.
More on Management & Strategy
Waters Wavelength
Wavelength Podcast Episode 168: A Look at the Hemp Market
Julie Lerner joins to talk about the hemp market and PanXchange's launch of a hemp exchange.
Subscribe to Weekly Wrap emails