Liquidnet has expanded its multi-asset services team with the appointments of Patric Okumi and Samuel Lowres to lead multi-asset sales.
In these roles, Okumi and Lowres will be responsible for improving buy‐side access to trading opportunities across various asset classes, using the different liquidity pools across the various TP ICAP brands.
Patric Okumi brings over 11 years of experience with TP ICAP Group. His multi-asset career has included roles in investment banking, proprietary trading, market making, private client investment management, broking, agency execution, and business development. He led the launch and buildout of TP ICAP’s single stock equity and ETF Request For Quote (RFQ) offering on Fusion.
Samuel Lowres joined Liquidnet three years ago as part of the Liquidity Partnerships team. With a background in low-touch electronic trading and execution consulting—including data provision and transaction cost analysis—Lowres will support the desk’s efforts to deliver integrated trading solutions.
Liquidnet’s recent performance has been robust. According to TP ICAP’s Q3 2024 trading update, Liquidnet delivered a 28% increase in revenue in the third quarter, with nine-month revenue up 14%. The group had revenue of £557 million in Q3 2024 up 10% year on year. The multi-asset services desk was established in response to growing demand from buy‐side firms for integrated solutions across multiple asset classes.
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