Mary McDermott-Holland was named vice president of Nasdaq OMX Transaction Services, effective April 6, confirmed spokesman Robert Madden.
It is a new position.
Ms. McDermott-Holland will manage the institutional investor relationships of the U.S. transaction services business and will serve as a liaison to the Institutional Traders Advisory Council, which provides advice and guidance to the board of directors of Nasdaq Stock Market. She will report directly to Eric Noll, executive vice president of Nasdaq OMX Transaction Services.
Ms. McDermott-Holland was director and trading manager at Mellon Capital Management. Mellon spokesman Mike Dunn said the firm is not currently searching to fill the position, he said.