Citi hires electronic markets head for securities services

As electronic trading volumes continue to pick up in Asia on both exchanges and alternative venues, banks are committing more resources to the sector.

Citi has appointed Endre Markos as Asia-Pacific head of electronic markets and platforms for its securities and fund services business. The role has been created to provide a more integrated and transparent offering for institutional investors, brokerdealers and other intermediaries, as hedge funds are already well covered on this front.

Based in Hong Kong, Markos reports to David Russell, Asia-Pacific head of securities and fund services, who is also based in Hong Kong, and to New York-based Curt Brill, global head of electronic markets. 

Markos...