London-based data provider Markit has today announced the appointment of David Lefferts as a director.
Lefferts, who will be based in New York, will focus on developing tools that determine fair value and measure best execution.
He joins from the National Association of Securities Dealers (NASD), where he served as vice-president and head of fixed-income strategy. This role made Lefferts responsible for Trade Reporting and Compliance Engine (Trace) at the NASD’s corporate bond reporting facility. He previously worked at Instinet Group, where he spent 10 years in the equity and debt capital markets divisions.
Kevin Gould, executive vice-president and head of data products and analytics at Markit, said: “David’s experience managing the Trace transparency initiative at NASD will help Markit expand its benchmark data set, and will reinforce our ability to deliver high-quality prices to our clients in compliance with regulatory requirements for best execution.”
More on People
Job changes in the derivatives, regulation and risk industry throughout Asia
Appointment signals new direction for unit, says minister
Kamal Naqvi leaves dual roles amid Swiss bank’s exit from commodities
Other commodities moves at CME Group, Deutsche Bank & NextEra Energy
Sign up for Risk.net email alerts
Sponsored webinar: IBM Risk Analytics
Nominated for two technology awards
Nominated for post trade technology award
Sponsored webinar: Collateral and counterparty tracking
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.