The Depository Trust & Clearing Corp. has hired Daniel G. Faryniarz as managing director of market structure and industry relations, a new position in which he will work to help identify and develop new front-office and trading opportunities.

Faryniarz, a 20-year veteran of financial services, comes to DTCC from Merrill Lynch, where he was a director in the global rate sales division. He has also worked for Commerzbank Securities, Greenwich Capital Markets, NatWest Capital Markets and Lehman Brothers.

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