Electronic market maker Optiver has selected Philippe Rizzo to join its institutional sales team, effective from 9 October.

Rizzo’s new role will be focused on cash equity sales in France, Belgium, Luxembourg and Switzerland.

Rizzo will join Optiver from Instinet, where he previously served as a global equity sales trader. Prior to that he held a similar role at Goldman Sachs, based in London.

Elsewhere in his career, Rizzo served as a senior global equity trader at Comgest.

As part of his new role, Rizzo will be based in Amsterdam, reporting to Jean-Marie Tine, head of Delta-1 institutional sales for Europe.