Trading Places: New Hires at AxiCorp, Playtech

The summer lull has refused to see a slowdown in the number of personnel moves across the financial services industry, with many big names on the move.

Tuesday, June 7

Patrick Hayes, BNP Paribas

On Tuesday, BNP Paribas Securities Services appointed Patrick Hayes as its newest multinational head, whose jurisdiction will cover a panel of countries including the UK, Middle East and South Africa. Mr. Hayes joins BNP Paribas Securities Services from State Street, having worked there for a lengthy period. He will step into his new role at the end of the month and will be reporting to José Placido, the Global Head of Client Development at BNP Paribas Securities Services.

The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

Trevor Young, OANDA

OANDA lost a key component of its Canadian operations following the departure of senior executive Trevor Young. Mr. Young originally joined OANDA back in 2011 as its Mobile Product Manager. In this capacity, he helped manage the group’s product portfolio. The next five years saw him work as both OANDA’s Senior Director, Product Management as well as his most recent role as its Vice President, Product Management.

Wednesday, June 8

Tim Dennis, Breakingviews

Thomson Reuters (NYSE:TRI) added Tim Dennis to the senior team of its global financial commentary business, Breakingviews, landing at the group as its Commercial Director. In his new role, Mr. Dennis will be tasked with the development and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term of Breakingviews’ business model, including its standalone website. In this capacity he will be based out of the group’s London office.

Thursday, June 9

Rajesh Yohannan, AxiCorp

AxiCorp Financial Services appointed Rajesh Yohannan as its Chief Executive Officer last week. Rajesh Yohannan succeeded the original founder of the firm Goran Drapac who will assume the position of Executive Chairman. He is relinquishing his position after founding AxiCorp 7 years ago and opening the company’s offices in Sydney, London and Dubai.

Francesco Rodano, Playtech

Last week, Playtech announced that Francesco Rodano had joined the company’s executive management team as Chief Policy Officer. As part of his new role that will be based in London, Mr. Rodano will report to Playtech’s CEO, and will advise the company’s executives on governmental policies while engaging with policy-makers at the local, state and national and EU Level.

Thomas Jegu, Saxo Bank

Saxo Bank reshuffled its leadership team last Thursday, unveiling a key promotion at at the company’s French unit. After 9 years at the company, Thomas Jegu was promoted to the role of Chief Executive Officer (CEO) to succeed the founder of the Saxo Banque France Pierre-Antoine Dusoulier. Jegu has been promoted after holding a series of key roles at the French unit of the Danish multi-asset brokerage. He joined the French subsidiary Saxo Banque back in 2008 as Head of Sales. After elevating to the rank of Managing Director in 2012, Jegu is now taking the helm to the Paris headquartered arm of the Danish brokerage.

Friday, June 10

Lauren Kiley, Credit Agricole

Last Friday, Credit Agricole on-boarded a new FX sales executive from Morgan Stanley – Lauren Kiley joined the lender after spending 9 years at the U.S. bank. She started working at Morgan Stanley in 2007 as an analyst and moved up the ranks quickly to become Vice President of FX Sales at the company’s London premises.

Michael Ptasznik, Nasdaq

After nearly 8 years as the Chief Financial Officer (CFO) of TMX Group Limited and more than 20 years with the company, Michael Ptasznik relinquished his role to join Nasdaq as its CEO, and begins his tenure on July 11.