James Moroney has joined securities finance firm EquiLend in New York as director and trading product specialist.

Moroney, who spent nearly a decade at State Street, will be working on the ongoing rollout of the company’s NGT trading platform which launched last year. 

Most recently, Moroney was managing director and head of North American equities trading in State Street’s securities lending business.

He has also traded at Raymond James and BankBoston/Fleet Financial.

“I have been an EquiLend user for many years and am intimately familiar with the efficiency and benefits of its broad service offering as the leading provider of securities finance technology,” he said.

“I am very excited to join EquiLend and help bring NGT, which is truly transforming the way securities finance industry trades, to the global marketplace.”

Brian Lamb, EquiLend chief executive, welcomed Moroney to the team: “Jim’s many years of experience in the securities finance industry, especially his broad trading expertise, are a great asset to EquiLend.”