Millennium’s head of execution services Tom Ungi is set to retire later this year after 16 years with the hedge fund, according to sources familiar with the matter.
Originally joining the hedge fund in 2006 as head of trading, he took on his most recent role in 2013.
Millennium declined to comment on his departure.
Ungi has had an extensive career in the financial services industry, previously serving as an international sales trader at ITG and as a stockbroker with EBI.
He also spent some time as an analyst at Reuters as well as working with the London Stock Exchange Group (LSEG) in an equity capital market role.