BCS hires John Barker from Liquidnet 16 January 2014London Reporter: Georgina Lavers
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BCS, the trader of equities and FX on the Russian exchange, has appointed John Barker as executive chairman of BCS Financial Group in London. Barker started his new role at BCS in January 2014.
He was formerly the managing director and head of international at Liquidnet Europe. He has also held various senior positions at Instinet Global Services, including director of operations, head of trade support and managing the membership of multiple exchanges, clearing and settlement systems.
The new executive chairman role at BCS will primarily focus on driving the business strategy for the international business, and for overseeing corporate governance issues such as the regulatory, risk management and compliance systems. Barker has acted as a non-executive director at BCS since January 2013.
Tim Bevan, managing director of BCS Prime Brokerage, said: "Since receiving FCA approval in June last year, the BCS international business has gone from strength to strength. It is crucial that as we continue to expand that we have the right people and infrastructure firmly in place. [Barker’s] leadership skills, knowledge of the buy and sell side, and his reputation and credibility in the market will add significant value to the firm as we seek to build on our early successes."
In a further development, BCS has also recently secured membership on the London Stock Exchange, the company was granted UK regulatory authorisation by the Financial Conduct Authority (FCA) in June 2013, marking the official launch of its international brokerage business.
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