BNY names new Americas head of equities buying and selling and execution

Daniel Ciment has joined BNY as the brand new Americas head of equities buying and selling and execution, efficient 12 Would possibly 2025. 

The brand new function will see Ciment understanding of New York, the place he’s going to lend a hand to force ahead BNY’s subsequent section of enlargement for its equities franchise and increase its execution functions.  

He’ll report back to Rob Lynch, head of fastened source of revenue and equities at BNY. 

“We’re thrilled to welcome Daniel to BNY. His distinctive mix of experience will probably be a game-changer for our digital equities buying and selling platform as we proceed to construct out our world franchise,” mentioned Jason Vitale, head of world markets buying and selling at BNY. 

“His appointment is any other vital milestone in our adventure to additional bolster our equities providing. We’re assured that his management and cutting edge method will force significant enlargement and fortify our shopper enjoy.” 

Ciment brings intensive trade enjoy, in particular in digital equities buying and selling, to his new place, and joins from Elwood Applied sciences, the place he served as president and leader working officer for 2 years to December 2023.  

His earlier roles additionally come with different management positions similar to leader working officer at IEX Change, in addition to world head of equities digital buying and selling at JP Morgan.  

Previous to this, he additionally held managing director and senior vp positions at Barclays Capital, Lehman Brothers and ITG.  

Learn extra – BNY appoints new head of fastened source of revenue and equities product for EMEA 

The transfer follows the appointment of Aviad Axelrod as head of fastened source of revenue and equities (FIEQ) product for EMEA at BNY throughout the World Markets Buying and selling trade in January 2025.  

Axelrod joined from Stifel, the place he had served in an algorithmic buying and selling and execution services and products function.