Liddell takes the reins of NetOTC's new platform 05 November 2015London Reporter: Drew Nicol
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NetOTC has appointed Roger Liddell as CEO ahead of the launch of its bilateral platform for non-cleared over-the-counter (OTC) derivatives.
Liddell will start immediately in London.
NetOTC鈥檚 focuses on risk management and mitigation solutions for the non-cleared OTC derivatives market.
The NetOTC bilateral platform was designed and built under the direction of co-founders Neeraj Sharma and Matthew Durkin.
Liddell is now responsible for bringing the platform to market.
He was appointed as a non-executive board member for NetOTC in 2013 and has been closely involved with the firm since 2011.
Liddell said: 鈥淗aving spent more than 15 years in the clearing and post-trade world, I believe that there has never been a more exciting time for the industry, particularly given the G20 appetite for regulatory reform and greater transparency in the non-cleared OTC derivatives market.鈥�
Roger was previously CEO of LCH.Clearnet.
Bob Wigley, chairman, NetOTC, added: 鈥淚 am delighted that Liddell has accepted the role of CEO which further strengthens our executive management team.鈥�
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