IPSX appoints senior advisor, Richard Lester


International Property Securities Exchange (IPSX Group), operators of a regulated securities exchange for commercial property, has appointed Richard Lester as a senior advisor.


In his new role, Lester will work alongside the operations and infrastructure team to enhance the connectivity of IPSX to technology and data providers.

Formerly managing director at Panmure Gordon, Lester brings experience in equities trading environments, infrastructure and systems connectivity. Prior to Panmure Gordon, he worked with DRS Markets, as director of strategy and risk and with Nomura, Citi Bank, Barclays Investment Bank and Merrill Lynch in senior equities trading roles.

David Delaney, CEO at IPSX said: 'To have someone of Richard’s calibre and experience in equity trading joining our team will bring a great benefit to our business at this most pivotal time as we get ready for our first IPO and launch our exchange. We are very excited about having Richard’s input and help as we build the first dedicated stock exchange for real estate.'

Lester said: 'IPSX will be a game changer and I am very pleased to be getting involved at this important stage of its development as it gets ready to go live. I am very much looking forward to bringing my experience, knowledge and skills to the exchange.'