Key facts
- Nasdaq appointed Nikolaj Kosakewitsch as Head of European Market Services.
- The appointment is effective immediately.
- Kosakewitsch will lead Nasdaq's trading, listings, clearing, and market infrastructure operations in Europe.
- He succeeds Roland Chai.
- Roland Chai will now lead the Digital Liquidity Networks organization.
- The Digital Liquidity Networks organization is newly formed.
Nasdaq has named Nikolaj Kosakewitsch as the new Head of European Market Services. The appointment is effective immediately. Kosakewitsch will be responsible for managing Nasdaq's trading, listings, clearing, and market infrastructure operations across the European continent. He takes over this role from Roland Chai, who is transitioning to lead a newly formed division within Nasdaq called Digital Liquidity Networks. This organizational change indicates Nasdaq's strategic direction towards enhancing its market services and developing new digital liquidity solutions in Europe.