BGC Partners Adds Ina Kristina Olsson in Senior Scandinavian Broking Role

BGC Partners, Inc. (NASDAQ: BGCP), a global brokerage company catering to both financial and real estate markets, has tapped Ann “Ina” Kristina Olsson to lead its Scandinavian Swaps Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Read this Term and bonds broking team, following a standout career in the Scandinavian markets, according to a BNC statement.

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Ms. Olsson will begin her appointment pending the requisite legal requirements, and will be based out of Nyon, Switzerland – in this capacity she will be reporting to BGC’s Jean-Pierre Aubin, its Executive Managing Director and Global Head of Listed Products and General Manager of Continental Europe. She will be tasked with helping oversee and manage the group’s existing Scandinavian swaps and bonds business, and driving BGC’s expansion into the Scandinavian markets.

She joins BGC from Gottex Brokers, having worked as its Head of Scandinavian Products since 2010. Additionally, she also held senior level roles at ICAP. According to Shaun D. Lynn, President of BGC, in a recent statement on the appointment: "BGC Partners is a company where talent and technology go hand in hand to help us deliver the best possible service to our clients. Bringing the best people into the business is critical to our future, and I'm confident that Ina will be a valuable addition to the team."

"Ina joins BGC with an impressive track record in markets that are extremely important across the entire Scandinavian product suite. We are delighted that Ina has chosen to join BGC Partners. Her addition to the team will advance our ambitious plans to further grow our hybrid business in this important region for BGC,” added Anthony Warner, General Manager of BGC Partners, London in an accompanying statement.

The announcement is the first marquee move at BGC since the appointment of Steve McMurray as its Chief Financial Officer (CFO) back in April.