Tony Necakov Named CTO Of Instinet Incorporated

Instinet Incorporated today announced the appointment of Tony Necakov as Chief Technology Officer.

Mr. Necakov brings more than twenty years of experience developing trading platforms and managing technology organizations globally. He joins Instinet from Bank of America Merrill Lynch, where most recently he was responsible for its Global Equities High Touch Trading Technology group. Prior that role he served in multiple senior trading technology development positions at JP Morgan, Merrill Lynch, Instinet, Bear Stearns, Swiss Bank and Goldman Sachs.

Commenting on the appointment, Chief Executive Officer Jonathan Kellner said: “Instinet's electronic platform sits at the core of our entire business, and presents us with many compelling opportunities globally. Tony is an exceptionally talented technologist and leader, and I’m confident he possesses the necessary expertise and vision to help bring these to bear.”

Mr. Necakov added: “For over four decades Instinet has rightfully been associated with trading technology excellence, as its platform has remained at the industry’s vanguard despite persistent and seismic shifts in market structures globally. I’m very excited to be rejoining Instinet at this point in the firm’s history, and am eager to begin working with the extremely talented team already in place.”