Score Priority Corporation (“Score Priority”), a brokerage firm offering an institutional-grade experience to individual and professional investors and traders, today announced Lugene Forte as CEO effective immediately.
Forte has spent the last two years as Chief Operating Officer at the company, where she has been a key member of the firm’s executive and risk committees that support the firm’s retail and institutional business lines. Forte was instrumental in the acquisition of the Lime low latency execution platform and its subsequent integration with Score Priority as Lime Execution Services, in addition to supporting and working closely with senior management leaders in legal, compliance, technology, finance, and marketing.
“Lugene Forte is the right leader to guide the company during our next phase of growth. She is an accomplished collaborator with our global partners, employees and clients, and has extensive institutional and retail experience,” said Tony Huck, who has served as CEO since January 2020. “I am proud of the outstanding team Lugene and I have assembled and our successful acquisition of the Lime Execution business during my tenure at Score. Now is the time to hand the reins over to Lugene, who has been by my side every step of the way, and for me to pursue other meaningful opportunities.”
Forte brings vast experience to the executive team, including over two decades in financial services. She was appointed as one of the first female Managing Directors of Donaldson Lufkin and Jenrette, later Credit Suisse First Boston. After a sale to Bank of NY, she co-founded a firm that identified a gap in portfolio trading for pension plans and corporations specializing in fixed income. She sold it to Investment Technology Group and built a new asset class at the company. Forte then joined Liquidnet to Head US Equities, where she ran electronic sales and trading, portfolio desk and algorithmic trading. Most recently, she was part of a women-owned start-up in the electronic treasury space.
Forte offered, “It was a pleasure to accept the role of CEO, especially during a retail trading renaissance that has been accompanied by a surge in activity on the institutional side of our business. Working with Tony has helped prepare me for the opportunity and I appreciate the leadership and guidance he provided along the way.”
This leadership change comes at a time of sustained growth for the firm. From January to June 2021, Score Priority executed over 100 million shares per day, serviced over 4,700 clients, and expanded its technology infrastructure to continue improving and supporting their platforms.
About Score Priority
Score Priority is a financial services organization for the retail and institutional trading community. Score Priority is a SEC-registered broker-dealer; member FINRA & SIPC, NFA. Lime is a division of Score Priority Corp. offering institutional products and services. For more information, visit https://scorepriority.com/ and follow @ScorePriority.
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