Liquidnet, which contributed £53 million to TP ICAP 2024’s earnings, has appointed Michael Fidance as head of Central & Eastern Europe, Middle East, and Africa (CEEMEA) equity markets.
He is based in London and reports to James Whitehead, head of trade coverage, EMEA. , Fidance is tasked with accelerating the firm’s equities growth across CEEMEA, including widening market access, deepening liquidity and strengthening client distribution.
Fidance joins after one and half year as EMEA head of Execution Solutions at State Street. Earlier, he spent more than 14 years at HSBC in senior emerging markets sales-and-trading roles. He also served at the European bank for reconstruction and development as head of corporate equity risk and started his career-trading equities at Merrill Lynch and Credit Suisse.
Announcing the move, Whitehead said Fidance “brings extensive regional insight and a proven track record in building client-focused businesses,” adding that the hire supports Liquidnet’s plan to broaden its CEEMEA footprint as demand for local-liquidity solutions grows.
