Head of US FICC at RBC Capital Markets Appointed CEO of US Operations at LedgerEdge
Early-stage bond trading platform LedgerEdge has hired RBC Capital Markets Head of Fixed Income, Currencies and Commodities (FICC) to lead its U.S. operations as CEO.
Michelle Neal takes the leadership role as LedgerEdge prepares to launch its first multilateral corporate bond trading platform in the UK later this year, followed by a US alternative trading system platform in the UK. early next year.
Neal joins platform provider RBC Capital Markets where she was the head of US FICC and global head of senior relationship management for just over two years. She was previously CEO of Markets at BNY Mellon and has held leadership positions in Trade, Sales and Market Structure at Deutsche Bank, Nomura and NatWest Markets.
“She will lead our efforts to serve the world’s largest bond market and provide essential products and market information as we develop the next generation ecosystem for trading,” commented David Nicol, Co-Founder and CEO by LedgerEdge. âMichelle’s proven abilities in building businesses and products, her strong network and deep expertise in e-commerce will be invaluable to the company. “
The appointment follows the recent start of testing at LedgerEdge, which is deploying distributed ledger technology to power its institutional bond trading platform, ahead of its launch this year. The new trading ecosystem aims to address challenges related to market data, transparency and liquidity in the global $ 41 trillion corporate bond market.
âI have dedicated my career to the evolution and efficiency of capital markets and look forward to working with my new colleagues to further enhance the ability of market participants to unlock liquidity by finding, sharing and by trading corporate bonds, âadded Neal.