BNY has launched a new EU trading desk in Dublin, Ireland as it seeks to expand its execution across Europe and deliver integrated execution serviced to its clients.
The desk is live and fully operational and specifically aimed at facilitating more efficient trading for EU-based clients across both fixed income and equity markets globally, focusing on streamlining the firm’s offering across different regional markets.
Adam Vos
Adam Vos, global head of markets at BNY, explained: “Expanding into the EU is a direct response to the growing demand from our EU-based clients for execution services. The addition of our new team in Ireland enhances our ability to offer seamless and efficient services.
“We’re committed to strengthening our international offering of execution services and meeting the needs of our clients in the EU and beyond.”
The development enhances BNY’s operational ecosystem execution services offerings in Europe. Solutions include comprehensive execution to custody for BNY’s Markets, Pershing and Asset Servicing clients.
Bianca Gould, head of equities and fixed income EMEA, markets, at BNY is set to lead the execution services offering across the region.
Read more: BNY Mellon names new head of fixed income and equities EMEA and head of US fixed income
Paul Kilcullen, country head of Ireland at BNY, explained: “Clients can execute equities and fixed income with enhanced support across time zones by BNY’s global team. This is a key milestone in our international growth strategy, which will have a positive impact on Ireland’s growing role as a key financial hub in Europe.”