BMLL snatches Jenny Chen from big xyt

Rick Steves

“I have been very impressed with BMLL’s accelerated growth path, backed by major industry players to fuel both product and geographic expansion. The investment in their unique Level 3 Data and analytics offering as well as the strength of its technology and data science capabilities compelled me to join the team. I look forward to working with the BMLL team to help our growing customer base fully engage with the Level 3 order book data.”

BMLL has appointed former Société Générale, Goldman Sachs, and UBS executive Jenny Chen as Head of Sales, Americas of the provider of harmonized, historical Level 3 data and analytics.

The firm has recently hired Rob Laible as Head of Americas and now it is further delivering on its strategic growth plans for geographic expansion, backed by Nasdaq Ventures, FactSet and IQ Capital’s Growth Fund.

As Head of Sales, Americas, Jenny Chen will strive to meet the increasing client demand for Level 3 data and analytics in the US, where BMLL already serves a number of clients.

In Q4 2022 BMLL secured USD 26 million to fuel product development, the acquisition of new data sets, and its geographic expansion.

“Unique Level 3 Data and analytics offering”

Rob Laible, Head of Americas, said: ”Jenny brings invaluable experience, having run global cross-asset execution businesses at major investment banks and built a great track record in the data and analytics related fintech industry. As we grow our US operations, we are very excited to work with Jenny to help our customers gain insights into how markets truly behave and further democratize Level 3 quant analytics for the whole capital markets community.”

Jenny Chen, Head of Sales, Americas, said: “I have been very impressed with BMLL’s accelerated growth path, backed by major industry players to fuel both product and geographic expansion. The investment in their unique Level 3 Data and analytics offering as well as the strength of its technology and data science capabilities compelled me to join the team. I look forward to working with the BMLL team to help our growing customer base fully engage with the Level 3 order book data.”

Paul Humphrey, CEO of BMLL, concluded: “I am delighted to welcome Jenny to our team to support our US expansion. Her experience and reputation speaks for itself. Demand for market insights derived from the most granular data available will grow as the need for a competitive edge, and correlating sophistication levels, rise. Firms that realise the power of Level 3 data will understand their markets better, derive more predictive analytics and leave those still using lower quality data behind.”

Jenny Chen joins BMLL from big xyt

Jenny Chen joins BMLL after 20 years in the global financial industry with a focus on execution services and global portfolio trading, based in the United States.

She was most recently Head of Sales, Americas, at big xyt, the

Her career includes eight years at Société Générale, where she held a variety of senior roles: Managing Director, Head of Global Execution Services, Americas, responsible for all agency execution teams, sales, trading coverage, and algos; and Head of Global Portfolio Sales Trading and Electronic Services.

Prior to joining Société Générale, she spent 7 years at Goldman Sachs and 2 years at UBS in global portfolio trading.

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