Adam Sherlock, head of equity sales Europe at Six Swiss Exchange, is to join Scott Bradley at new ‘smart market’ OneChronos’ European MTF venture from April, BEST EXECUTION can confirm.Â
Sherlock, who has been with Six Swiss Exchange as head of equity sales Europe for almost three years, was formerly business development manager at LSEG for cash secondary markets and Turquoise, working with Bradley.
Speaking to Best Execution today, he confirmed that he was “very excited” to be joining OneChronos, and will be moving from Zurich to Amsterdam to start his new role on 1 April 2024.
OneChronos, which already offers a US equities ATS from its New York offices, plans to launch two new pan-European MTFs this year: with Bradley running the UK-based platform and Sherlock to head up the European MTF from Amsterdam.
READ MORE: Former LSEG head of sales resurfaces at US-based equities platform OneChronos
It is an interesting shake-up to the European exchange landscape, which has been dominated for years now by behemoths with big war chests, often jostling for position through acquisition. Excluding broker-led or exchange-owned initiatives, this looks to be one of the first independent MTF launches in the region for over a decade, since Aquis first opened its doors almost 11 years ago.
OneChronos, which already counts BMO, Jefferies and over a dozen other broker-dealers as clients, is currently in the process of seeking regulatory approval for its MTFs in both the UK and Europe, and is expected to make further hires to both its London and Amsterdam offices in the near future.
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