Plato Partnership, the not-for-profit member association at the forefront of driving innovation in the equities marketplace, is pleased to announce the addition of a new buy-side member: Point72.

The admission of Point72, a global asset management firm led by Steve Cohen, marks a significant milestone as the first hedge fund to join Plato Partnership as a buy-side member. Their participation underscores the growing importance of bringing together a diverse set of collaborating firms to drive equity market innovation and efficiency.

Mike Bellaro, CEO of Plato Partnership, said: “We are thrilled to welcome Point72 to Plato Partnership. Point72’s innovative approach and esteemed reputation in the investment community will bring invaluable perspectives and expertise to our collective efforts. Together, we can continue to drive meaningful improvements in the equity markets for the benefit of all participants.”

Simon Steward, Buy-Side Chair of Plato Partnership, and Head of European Equity Trading at Capital Group said: “Having Point72 on board is a testament to the collaborative spirit that Plato Partnership embodies. Their participation highlights our commitment to fostering an inclusive and forward-thinking platform where diverse viewpoints converge to shape the future of equities trading.”

Niall Hession, Head of Trading for Europe at Point72 said: “We’re proud to be the first hedge fund to join the Plato Partnership, bringing our culture of collaboration and innovation to such a critical and forward-thinking association. We look forward to contributing to the ongoing dialogue and initiatives that aim to enhance and protect market integrity and efficiency.”

Plato Partnership continues to expand its membership with leading firms and organisations dedicated to improving the equity trading landscape. The addition of Point72 reinforces the organisation’s commitment to excellence and innovation.

Source: Plato Partnership