Over three and a half decades, he built his career at several major financial brands.
He joined Elk Capital from Hudson River Trading.
Elk Capital Markets, a New York-based high-frequency trading firm, strengthened its team by appointing industry veteran Steve Reich as the Chief Operating Officer. Although he joined the role last year, the announcement was made public just yesterday (Thursday).
New COO at Elk Capital Markets
“I started my career as a trader, and it’s tremendously exciting for me to leverage both trading and tech-building skills to foster Elk's continued growth in terms of expertise, creative, cutting-edge strategies, market presence, and ultimately individual and team performance and profitability,” Reich wrote in a LinkedIn post.
A Forex Industry Veteran
Reich is an industry veteran with about 35 years of professional experience in the trading sector and has worked for many well-known financial services companies. He joined Elk Capital Markets from Hudson River Trading, where he was a part of the Digital Asset team between January 2022 and May 2023.
According to his LinkedIn profile, Reich started his career at Credit Suisse (now a part of UBS) as an FX trader in 1988 and separated from the firm as the VP Senior Dealer after seven years. Later, he joined HSBC as the Chief Dealer for Foreign Exchange, working there for a couple of years. Then, he became a Managing Director at Barclays Capital, a role he held for three years.
He continued his foray into the forex industry by becoming the Co-Founder and Chief Operating Officer of Hotspot FX, now known as Cboe FX, and is a part of Cboe Global Markets. Following his tenure at Hotspot FX, he headed FX Bridge as the CEO for a couple of years.
He previously served as the Head of FX and Commodities at New York-based GTS, holding the position from September 2013 and November 2019. He was also the Chief Revenue Officer for Pivot Technologies at the CME Group.
“I’d like to thank the folks who worked with me at Hudson River Trading in building out a crypto trading business, and I’m excited to leverage that network as I move forward with Elk Capital,” Reich added.
Elk Capital Markets, a New York-based high-frequency trading firm, strengthened its team by appointing industry veteran Steve Reich as the Chief Operating Officer. Although he joined the role last year, the announcement was made public just yesterday (Thursday).
New COO at Elk Capital Markets
“I started my career as a trader, and it’s tremendously exciting for me to leverage both trading and tech-building skills to foster Elk's continued growth in terms of expertise, creative, cutting-edge strategies, market presence, and ultimately individual and team performance and profitability,” Reich wrote in a LinkedIn post.
A Forex Industry Veteran
Reich is an industry veteran with about 35 years of professional experience in the trading sector and has worked for many well-known financial services companies. He joined Elk Capital Markets from Hudson River Trading, where he was a part of the Digital Asset team between January 2022 and May 2023.
According to his LinkedIn profile, Reich started his career at Credit Suisse (now a part of UBS) as an FX trader in 1988 and separated from the firm as the VP Senior Dealer after seven years. Later, he joined HSBC as the Chief Dealer for Foreign Exchange, working there for a couple of years. Then, he became a Managing Director at Barclays Capital, a role he held for three years.
He continued his foray into the forex industry by becoming the Co-Founder and Chief Operating Officer of Hotspot FX, now known as Cboe FX, and is a part of Cboe Global Markets. Following his tenure at Hotspot FX, he headed FX Bridge as the CEO for a couple of years.
He previously served as the Head of FX and Commodities at New York-based GTS, holding the position from September 2013 and November 2019. He was also the Chief Revenue Officer for Pivot Technologies at the CME Group.
“I’d like to thank the folks who worked with me at Hudson River Trading in building out a crypto trading business, and I’m excited to leverage that network as I move forward with Elk Capital,” Reich added.
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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FMAS:24 | Sneak Peak
FMAS:24 | Sneak Peak
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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