A senior executive at US equity trading venue IEX Group has said that a move into European equities was the "next logical step" for the platform, but added it had no immediate plans to expand beyond its US roots.

Ronan Ryan, IEX Group's chief strategy officer, told attendees at the WBR TradeTech conference in Paris on Tuesday that "unequivocally, as of now, we are not looking to expand into new markets or asset classes".