The European venture of Kansas City-based electronic communications network BATS Trading now has a CEO and COO--Mark Hemsley and Paul O'Donnell, respectively. The London-based platform, which is expected to launch later this year, was announced on March 31. Before founding London corporate advisory business Belvedere Hill, Hemsley spent four years at Euronext.liffe, most recently as managing director and chief information officer in its market solutions group, and has filled various roles, including managing director of global technology, COO and CIO, in Deutsche Bank's global corporates and institutions division. O'Donnell is a 14-year veteran of Morgan Stanley, holding senior information technology and institutional equities positions in Japan and the U.S.
"We're very excited to bring Mark and Paul aboard and are confident that their skills and experience will lead BATS to great success in Europe," said Joe Ratterman, chief executive of BATS. "We are a technology company at our core, and both Mark and Paul fit the BATS executive profile of high-caliber, energetic leaders with a hands-on technology background." Hemsley said that he was "excited to take a pioneering role with a company which has had a tremendous impact on the U.S. market in such a brief period of time." Also citing BATS' impact on equities in the U.S., O'Donnell said that he was looking forward to "partnering with Morgan Stanley and the broker-dealer community to produce similar results abroad."
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