eSecLending hires global trading head

eSecLending hires global trading head

eSecLending has hired Jeffrey O’Neill as global head of trading and managing director. He will be responsible for securities lending trading and strategy on a global basis.

Based in Boston, O’Neill has previously held senior securities lending roles at Brown Brothers Harriman, K Capital Partners and State Street.

eSecLending’s new CEO Craig Starble said O’Neill’s experience will bolster the firm’s ability to provide clients with “market-leading trading strategies” and “superior execution” through its auction model and discretionary securities lending programme.

O’Neill said he is a “firm believer” in using auctions as a tool for price discovery.