Biography: Niki Beattie
Niki Beattie began her career in financial markets in securities technology at Security Pacific/Bank of America and went on to work at Merrill Lynch for 14 years where she became Managing Director and Head of Europe, Middle East and Africa Market Structure “EMEA”. She is now CEO of Market Structure Partners, a firm she founded in 2008 which provides strategic advice on financial market structure to trading platforms, clearing houses, technology firms and market participants. In addition to her consulting work, she is a Non Executive Director of Kepler Cheuvreux International Ltd and of The Moscow Exchange, and the Non Executive Chairman for Aquis Exchange. She also sits on the Regulatory Decisions Committee of the UK Financial Conduct Authority and on the Secondary Markets Advisory Committee of the European Securities Markets Authority.
After joining Merrill Lynch in 1993, Niki initially worked in Finance and then in Equities as a business development manager setting up new trading products and execution management technology in Europe and the emerging markets in Eastern Europe, the Middle East and Africa. In 2001 Niki took on the role of running Merrill Lynch’s first electronic trading desk and client facing technology platform which managed the electronic order management interface with clients, as a prelude to her role as Head of Market Structure and as a member of the European Equity Management team up until 2008.
In her role as Head of Market Structure, Niki was responsible for Merrill Lynch’s relationships and developments with the stock exchanges, multi lateral trading facilities (MTF’s) and clearing houses, all related cost management as well as advising the firm and their clients on the changes in equity and derivatives market structure. She was also responsible for identifying and implementing Merrill’s strategic investments in market structure and technology related companies.
Niki has been instrumental in creating competition and change in the European trading environment; spearheading the development of the trade reporting system BOAT, the Trade Ideas system and acting as a key founder of Virt-x and Turquoise, as well as working closely with the UK and European regulators on the evolution of MiFID. With experience across US, European and emerging markets, she has built a strong buy and sell side following for her knowledge and opinions on the subject of exchanges, clearing and electronic trading.
Since founding Market Structure Partners, clients have included some of the world’s leading trading venues and clearing houses, global and regional investment banks, high frequency trading firms, hedge funds, asset managers and government bodies.
Niki has a first class honours degree in Information Systems and Management.