BlackRock has lost its second senior market structure specialist in a few weeks as Michael Winnike, director, market structure at BlackRock, left the firm to join the US’s securities depositary and central clearing operator, the Depositary Trust and Clearing Corporation (DTCC) as managing director, head of clearing and securities services strategy and market solutions.
Winnike’s departure came several days after the firm advertised for a director level ‘US Head of Market Structure’, and weeks after Daniel Mayston, the firm’s head of electronic trading and market structure for Europe, Middle East and Africa (EMEA), also resigned.
Winnike had joined BlackRock in 2010 as a vice president in the legal team, while Mayston spent nearly two decades at the firm, making both senior departures.
BlackRock declined to comment on who will be replacing Winnike and Mayston.
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