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David Klinger is Head-Execution Services, Asia, at Macquarie Securities

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Announcement Corporate

Macquarie Securities Group, the equities broking arm of Macquarie Group, today announced the appointment of David Klinger as Executive Director, Head of Execution Services, Asia.

Mr Klinger will be based in Hong Kong and responsible for Macquarie Securities’ suite of execution products and services including electronic execution, portfolio trading, execution trading, and financial engineering.

Mr Klinger has more than 20 years experience in securities trading world wide. He joins Macquarie from Liquidnet, where, as Managing Director, he founded their Asian business and built it into one of Asia’s leading alternative trading systems for institutional-only block trading. “The evolution of our industry is towards a greater focus on execution and better usage of technology.

 

David’s appointment is a move by us to ensure our continued leadership in this area,’’ said Mark Duncan, Head of Macquarie Securities Group, Asia. “We are focused on continuing to provide a leading execution platform and to continue innovating.” Mr Klinger started his career in financial services in 1983 when he joined McIntosh Macquarie Group Limited 2 Securities. There he worked in a variety of roles including as a research analyst, in research sales, as a sales trader and a portfolio manager. He worked for HSBC Australia and Westpac Investment Mgt between 1991 and 1998.

He joined Credit Suisse in 1999, running its highly-rated Asia Pacific Execution team. Macquarie Securities Group has grown in strength since its parent, Macquarie Group, acquired ING’s Asian equities business in 2004. The business now has one of the largest equities research and sales teams dedicated to the Asia-Pacific region, made up of more than 300 research analysts, sales and sales traders, covering more than 1,200 listed companies. Macquarie Securities Group has more than 120 people in sales trading and execution focused on providing clients from around the world globally with access to Asian listed securities.

 

 

 

 

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First Published: Nov 02 2009 | 4:27 PM IST

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