Chi-X Europe, an operator of the pan-European equity multilateral trading facility (MTF), has appointed Alasdair Haynes as CEO. Mr Haynes will replace Mark Howarth, who became interim CEO of Chi-X Europe in February 2009.
However, Mr Howarth will remain with Chi-X Europe for several months to work with Mr Haynes and ensure a smooth transition, at which point he will return to Chi-X Global.
From 2006-2009, Mr Haynes was CEO of ITG International, where he was responsible for all of ITG’s non-North American businesses. He is currently a director of FIX Protocol (FPL) and previously served as co-chair for EMEA (Europe, the Middle East and Africa).
Tony Mackay, chairman of Chi-X Europe, said: “His appointment has been made following a wide consultation and a rigorous selection process. He brings many years of experience in running technology-leveraged brokerage businesses and trading firms. He is extremely well respected within the industry and has excellent relationships with both buy-and sell-side firms in Europe, Asia and the US.”
Mr Haynes said: “To have been selected CEO of the largest and most innovative MTF in Europe is a great honour and a role I accept with great responsibility. I look forward to leading Chi-X Europe’s dedicated and talented team as we seek to grow the business and continue to provide trading and cost performance improvements for its participants.”
