Instinet Announces European CEO
Instinet Incorporated has announced the appointment of Adam Toms as the CEO of subsidiary Instinet Europe.
Toms succeeds Richard Balarkas in the role, who, according to the company's statement, is leaving to pursue other interests. Toms was formerly the managing director and co-global head of electronic trading at Nomura, which he joined following the bank's acquisition of trading assets from Lehman Brothers. Prior to Lehman, where he was managing director, head of portfolio and electronic trading, he worked as an equities trader at Barclays Global Investors.
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