People Moves: Symphony, BMLL, HKEX, CloudMargin, Tora, Baton, and more

A look at some of the key people moves from this week, including Brad Levy (pictured), who will take the reins at communications platform Symphony in June, after joining the vendor in July last year.

markit-award-above-and-beyond-brad-levy
Brad Levy (center) accepting Inside Market Data's "Above and Beyond" Award in 2014, while at Markit

Symphony names Brad Levy CEO, replacing founder David Gurlé

Brad Levy will take over as CEO of financial information workflow platform Symphony on June 1, replacing founder David Gurlé, who will remain a board director. Levy joined the company last year as president and chief commercial officer after eight years at IHS Markit, including as partner, CEO of MarkitServ, and global head of information. He also served as a member of Markit’s board between 2003 and 2011 while at Goldman Sachs, where

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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