LedgerEdge appoints Michelle Neal as CEO of US Operations

Karthik Subramanian

LedgerEdge, a company that helps with discovering liquidity and executing trades without harmful data leakage in the bond market, has announced the appointment of Michelle Neal as CEO of its US Operations.

Michelle had been, till recently, Head of US Fixed Income Currencies and Commodities and Global head of Senior Relationship Management at RBC Capital Markets. Before that, she was the CEO, Markets at BNY Mellon and has wide experience working with a variety of top firms including Deutsche Bank, Nomura, and Natwest Markets.

“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.”

She has also been recognized as one of the 25 Most Powerful Women in Finance by American Banker. The company expects that the appointment would help it to realize some strong growth in the US and also worldwide as well as the company rolls out a global corporate bond trading platform that has been built using the distributed ledger technology. It would start with the launch of a UK multi-lateral trading facility in the 3rd quarter of this year and would be followed by a US launch in the first quarter of next year.

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.”

The company was founded in 2020 to remove some of the historic issues with the corporate bond market and give the participants control over their data and also visibility of the liquidity in the bond market which it hopes would increase the trading volumes and users would be more inclined to take positions within the bond market using the platform.

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