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People moves news

Liddell takes the reins of NetOTC's new platform


05 November 2015 London
Reporter: Drew Nicol

Generic business image for news article
Image: Shutterstock
NetOTC has appointed Roger Liddell as CEO ahead of the launch of its bilateral platform for non-cleared over-the-counter (OTC) derivatives.

Liddell will start immediately in London.

NetOTC’s focuses on risk management and mitigation solutions for the non-cleared OTC derivatives market.

The NetOTC bilateral platform was designed and built under the direction of co-founders Neeraj Sharma and Matthew Durkin.

Liddell is now responsible for bringing the platform to market.

He was appointed as a non-executive board member for NetOTC in 2013 and has been closely involved with the firm since 2011.

Liddell said: “Having spent more than 15 years in the clearing and post-trade world, I believe that there has never been a more exciting time for the industry, particularly given the G20 appetite for regulatory reform and greater transparency in the non-cleared OTC derivatives market.”

Roger was previously CEO of LCH.Clearnet.

Bob Wigley, chairman, NetOTC, added: “I am delighted that Liddell has accepted the role of CEO which further strengthens our executive management team.”
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