InstinetÆs new Asia CEO expects more unbundling
Glenn Lesko has moved to Hong Kong to run InstinetÆs regional business on expectations that buy-side traders will use more execution-only services.
Instinet has transferred Glenn Lesko from New York to Hong Kong to serve as CEO for the business in Asia, including Japan, Korea and Australia.
Lesko previously headed the firm's US-based international trading group, and has also held senior roles at CF Global Trading, Deutsche Bank and ABN Amro. Most of his career has involved sales trading on behalf of US clients trading Asian equities.
He fills a position that has been vacant since Joe Marshall left at the end of last year. Fumik…
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