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.
