De Friend spent 12 years with Turquoise, 10 of those as chief operating officer, before departing in January 2023.
Former Turquoise chief operating officer Rochelle de Friend has joined digital challenger exchange BPX as its new operations director. The platform is a digital securities exchange enabling the issuance, safe custody and trading of tokenised real estate securities.
A new operation founded in 2023, it plans to offer its customers a complete capital market infrastructure as a platform-as-a-service: including regulatory protection, software and operations.
De Friend has spent the bulk of her career with the London Stock Exchange Group (LSEG), joining in 2010 to work in derivatives product development for Turquoise and becoming chief operating officer in December 2012, a position she held until January 2023, when she took a career break.
She also held the role of chief operating officer for LSE equity and derivatives markets between 2017-20, and LSEG securities trading and head of business management from May 2021 to December 2022. She was formerly vice-president of operations with Morgan Stanley for 17 years, specialising in derivatives.
Her departure from Turquoise came as part of a wider reshuffle at LSEG that also included the departure of longstanding Turquoise CEO Dr Robert Barnes at the end of 2022, who was replaced by Adam Wood (formerly head of Turquoise Europe) in January 2023. Scott Bradley, former head of sales and platform distribution for securities trading at LSEG, was another high-profile recent departure.
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