LedgerEdge appoints Michelle Neal as CEO of US Operation
LedgerEdge, the next-generation ecosystem for trading, announces the appointment of Michelle Neal as CEO of US operations.
London and New York, 20 July 2021: LedgerEdge, the next-generation ecosystem for trading, announces the appointment of Michelle Neal as CEO of US operations.
This appointment will support the US expansion of the firm, which is rolling out a global corporate bond trading platform built on distributed ledger technology. LedgerEdge is starting with the launch of a UK multi-lateral trading facility in Q3 2021, followed by a launch of a US alternative trading system in Q1 2022. LedgerEdge was founded in 2020 to address historic market structure issues by creating a new ecosystem in which participants maintain control of their data, see the market more clearly, and unlock liquidity in the $41 trillion global corporate bond market. Neal was most recently Head of US Fixed Income Currencies and Commodities (FICC) and Global Head of Senior Relationship Management at RBC Capital Markets.
Prior to this, she was CEO, Markets at BNY Mellon and served on the bank’s Executive Committee. She has also held senior leadership positions in global markets trading, sales, financing and market structure-related businesses at Deutsche Bank, Nomura, and Natwest Markets.
Neal has been twice recognised as one of the 25 Most Powerful Women in Finance by American Banker and by Financial News’ Top 100 Women in European Finance.
“I am excited to be joining at such a pivotal moment in LedgerEdge’s development,” Michelle Neal said. “I have devoted my career to the evolution and efficiency of capital markets and look forward to working with my new colleagues to further enhance market participants’ ability to unlock liquidity by finding, sharing and trading corporate bonds.”David Nicol, Co-Founder & CEO of LedgerEdge, said: “We are delighted to welcome Michelle to the team in a key role for LedgerEdge’s growth. She will lead our efforts to serve the world’s largest bond market and provide essential product and market input as we develop the next generation ecosystem for trading. Michelle’s proven capabilities in building businesses and products, her strong network, and her deep expertise in electronic trading will be invaluable to the firm.”