New York-based BIDS Trading has named Marybeth Shay as senior managing director, sales and marketing. Shay will head BIDS Trading’s growth and strategic business development.

"Marybeth will prove integral in our concerted effort to form lasting client relations and build upon BIDS Trading’s reputation as a unique, alternative liquidity source in the block trading market,” said Tim Mahoney, chief executive officer of BIDS Trading. "Marybeth’s extensive experience and strong industry ties will be of tremendous importance as BIDS Trading continues to unite the buy-side and sell-side communities and further improve how they trade blocks."

Shay previously worked at the Boston Equities Exchange as senior vice president of sales and marketing and she was a member of the board of directors of the BSX Group.

“It will be rewarding to help deliver on BIDS Trading’s promise to offer the broadest participation and deepest liquidity pool possible,” Shay said.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.