Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Exchanges

01:23 PM
Connect Directly
RSS
E-Mail
50%
50%

Barnes Named CEO of UBS MTF

Robert Barnes has been named chief executive offices of UBS’ new multilateral trading facility (MTF) – UBS MTF.

The UBS MTF was announced in March and will offer crossing in European stocks as a non-displayed order book pending regulatory approval from the UK Financial Services Authority.

Barnes has been with UBS for more than 16 years, most recently as head of market structures leading initiatives to analyze and advocate for market efficiency on behalf of UBS’ client base. He will continue in this role as he takes on additional responsibilities for the UBS MTF.

In a statement, Francois Gouws, Head of European Equities for UBS Investment Bank, said, “When we established the vision for UBS MTF, Robert was one of its primary architects. He has a wealth of experience in the advocacy of market efficiency on behalf of our clients. With his appointment, we are ensuring that the core philosophies that drove its creation will be woven into the fabric of the UBS MTF’s daily operations.”

Barnes added, “I am delighted to have this opportunity to put our long-held market ideologies of efficiency, fair access, and user choice into practice. My goal is to ensure that UBS MTF will deliver the benefits of innovation and quality liquidity to reduce price impact and counterparty risks for clients who trade European securities.”

Register for Wall Street & Technology Newsletters
Video
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.