NEW YORK, January 18, 2022 – MultiLynq, the leading provider of electronic fixed income trading connectivity and integration solutions has selected Wayne Pasternack to advance sales growth as the adoption of electronic fixed income trading continues to accelerate. A seasoned sales professional, Pasternack will help drive new business conversations, manage relationships with asset managers, hedge funds and fund managers, and maintain responsibility for new customer sales.
Pasternack joins MultiLynq with over 25 years experience as a senior sales representative with a demonstrated history of prospecting for new business, recently working as Senior Sales Representative at Bloomberg LP, covering Bloomberg Terminal sales in Michigan and Missouri for over 20 years. Pasternack was also Vice President of Research Sales and New Business Development at High Frequency Economics, the provider of global and US daily macroeconomic research to institutional money managers, hedge funds, and corporations.
“The needs of credit market participants are actively evolving, with demand for efficiency, automation and reliable electronic access at an all-time high ,” said Patrick Scheideler, Co-Founder of MultiLynq. “The addition of Wayne as a core member of our team will allow us to scale within our fast-growing, dynamic industry, driving new customer opportunities and substantial growth for MultiLynq.”
“MultiLynq is at the forefront of one of the most transformational market ecosystems that exist thanks to an unrivaled drive for simplified, instant access to information,” said Pasternack. “I’m proud to be added to MultiLynq’s roster of veteran professionals driving smarter ways to access the fixed income markets.”
Electronic fixed income trading skyrocketed due to the pandemic. A 2021 FICC e-Trading survey conducted by JP Morgan demonstrated that while 50% of participants predict an increase in algorithmic trading, 100% predict an increase in electronic trading and participants anticipate trading volumes via electronic channels to significantly increase in 2022.
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ABOUT MULTILYNQ
MultiLynq is transforming access to the fixed income markets by simplifying electronic trading and providing market participants with more liquidity and transparency than ever before. Founded by a team of seasoned fixed income veterans, MultiLynq has developed a smarter, more efficient way to electronically trade fixed income. The Company provides some of the largest trading firms harmonized access to the US trading venues using a high-performance API supporting every trading protocol. MultiLynq is grounded by elite industry expertise and fast, flexible technology that is prepared to meet the demands of today’s evolving fixed income markets. Learn more about MultiLynq at www.multilynq.com.
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Brian Lavin
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