Liquidity Finance Crosses Atlantic with Opening of US Office
Liquidity Finance Crosses Atlantic with Opening of US Office
Published by Gbaf News
Posted on June 26, 2013

Published by Gbaf News
Posted on June 26, 2013

Hires Ex-Knight Capital Group and Ex-Goldman Sachs
Dan Mullineaux, Head of Liquidity Finance, US
UK-based Liquidity Finance is expanding its activities across the Atlantic with a new office opening in Stamford, Connecticut in the US. Headed by ex-Knight Capital Group and UBS AG Dan Mullineaux, working alongside ex-Head of EM Trading at Goldman Sachs, Robert McDonald, the expansion of Liquidity Finance to the US mirrors developments in the market, as clients are moving increasingly towards alternative sources of liquidity.
With its unique electronic order matching platform, developed in-house, Liquidity Finance has received good traction and market shares in Europe, and will now be expanding its focus to the US and Latin American client base. Says Liquidity co-founder Faisal Mian: “The US market is a critical part of the Emerging Markets investor base and it is imperative for any serious bond trading operation to have deep roots there. In Dan and Bob, we are lucky to find seasoned professionals who have strong relationships and unquestionable integrity. This is the perfect nucleus around which we will build our North American team.”
Liquidity Finance uses a unique electronic order matching platform, developed in-house, which allows it to trade with complete transparency. As part of Liquidity Finance’s expansion into further emerging markets, the US team, headed by Mullineaux, will comprise a team of 5-7.
Comments Mullineaux: “Experience has shown me that there is a place for both banks and agency trading firms through all parts of the market cycle. In addition, there is a clear trend towards anonymous price matching for block trades, further strengthened when the relationships and market experience of a strong team come into play. With a platform like this, and with their established presence in Europe, we felt that Liquidity Finance was best positioned to quickly become a significant player in the US.”