The firm has won heavyweight backers in its relatively short life
NetOTC, the nascent margin firm, has appointed former head
of LCH Roger Liddell as chief executive and detailed a plan to
work with its ten investment bank and buy-side backers to
launch early next year.
The London-based firm, which aims to smooth the process of
managing margin for uncleared swaps, said on Tuesday Liddell,
who was a non-executive director at the firm, is now chief
executive while Neeraj Sharma, the former CEO of NetOTC, has
become Group chief executive officer.
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