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The Brass Utility (Brut) electronic communications network (ECN), which in February completed its merger with one-time competitor Strike Technologies, has named Richard Schenkman its chief executive officer. Schenkman most recently served as executive vice president and chief operating officer of Instinet Corp.,the agency brokerage giant that operates the largest ECN.
Though he actually joined Brut near the end of April, Schenkman, who spent 15 years at Instinet, was not officially unveiled as the ECN's...