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Former Goldman Sachs managing director joins Liquidnet as head of equities technology



Global institutional investment network Liquidnet announced the appointment of former Goldman Sachs managing director and electronic trading executive Sujay Telang as the company’s new head of equities technology.

At his new position and Liquidnet, Telang will advance the development of Liquidnet’s quity trading platform and assist the creation of new, data-driven, offerings such as algorithmic trading. He will work closely with leadership in Liquidneet’s fixed income and investment analytics businesses to help make opportunities for integration, clients support and market leadership. Based in New York, Telang will report to CTO Patrick Strobel.

Strobel commented:

Our 20-year legacy in institutional trading has been built around the ideas, expertise and drive of some of the brightest minds in technology. Sujay will play an instrumental role in taking that legacy forward, ensuring that we continue to deliver the A1 and data-driven innovations that our Members have come to expect from us. He’s a proven leader in every facet of electronic trading, and we’re excited to have him guide the future of our equities technology.

appointment

Prior to joining Liquidnet, Telang spent 16 years at Goldman Sachs, where he oversaw the modernization of its equity algorithmic trading systems, stimulating significant increase in volumes and its institutional client base. He has been head of Equities Electronic Trading Engineering for the Americas for the last five years, leading the development and global rollout of the bank’s high-performance, low-latency trading platform, driving a momentous increase in volumes and market share.

Telang said:

Sujay Telang, Liquidnet
Sujay Telang

Liquidnet has been a trailblazer in buy-side electronic trading. I was drawn to its culture of commitment to innovation and shared desire to build the technologies that ultimately translate into superior trading performance. I’m looking forward to working closely with the team to help broaden out our product set and continue our leadership in the space.


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Former Goldman Sachs managing director joins Liquidnet as head of equities technology

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