BIDS Trading Appoints Vivian Maese as General Counsel

12 August 2008

BIDS Trading, the alternative trading system (ATS) designed to increase competition and liquidity in the U.S. equity block trading market, has named industry veteran Vivian A. Maese as General Counsel and Corporate Secretary. Vivian will provide strategic leadership and legal counsel for the firm and its board of directors.

“As BIDS Trading continues to expand and evolve as a block trading platform, Vivian’s expertise and guidance will play a central role,” said Tim Mahoney, Chief Executive Officer of BIDS Trading. “Her experience working in the heart of Wall Street on a variety of market structure issues, coupled with her deep understanding of technology, intellectual property and financial regulation, will prove integral as we work toward achieving our goals.”

Prior to joining BIDS Trading, Vivian served as Senior Vice President and Associate General Counsel at the NYSE Euronext. Appointed by the President (now CEO), Duncan Niederauer, she led the legal team that was responsible for modernizing NYSE market structure, supported the U.S. trading business lines and handled technology legal issues, strategic technology acquisitions and intellectual property protections.

Before the NYSE Euronext, Vivian spent more than twenty years as an industry-leading attorney, and Managing Director at Citi providing expertise in intellectual property and technology. Vivian also served as General Counsel for Citi’s Global Transaction Services Division, a $4 billion business line that provides cash, trade, securities services and fund administration services for corporate clients in over 100 countries. Vivian graduated from Brooklyn Law School and Hunter College.

“BIDS Trading is developing very innovative trading technologies, and I am fortunate to have the opportunity to help the company to grow. The joint venture with the NYSE Euronext is a good example of our strategy in action,” said Vivian. “I look forward to providing advice and guidance as the firm continues to deliver on its promise of offering dark liquidity in the block trading market for both the buy- and sell-side.”

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