Ned Phillips leaves BlocSec for Chi-X
One of the most experienced executives in electronic trading is to lead Chi-XÆs dark pool joint venture in Singapore.
Trading platform provider Chi-X has hired Ned Phillips to run its recently announced tie-up with Singapore Exchange to create a dark pool, a role he will assume in the new year. This follows the hire of two Asia-Pacific sales staff last week.
Phillips has left BlocSec, the proprietary dark pool owned by CLSA, where he had served as chief executive. Launched in 2008, BlocSec has been a pioneer in block trading off-exchange in the region. It is a liquidity aggregator and electronic cro…
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