BGC SEF Names James Cawley Chief Executive Officer
- Global brokerage firm BGC Partners, Inc. has appointed James Cawley as its Chief Executive Officer of its Swap Execution Facility ("SEF") subsidiary, BGC Derivative Markets, L.P.
Global brokerage firm BGC Partners, Inc. has appointed James Cawley as its Chief Executive Officer of its Swap 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 Facility ("SEF") subsidiary, BGC Derivative Markets, L.P.
In his new role at BCG Partners, Mr. Cawley will be based out of the firm’s New York branch, where he will report to Philip Norton, Global Head of eCommerce at BGC. Given the recent ascension of Mr. Cawley to CEO, Angelo Toglia, will be relinquishing his role as Interim CEO of BGC Derivative Markets, L.P., assuming the role of Chief Operating Officer.
According to Mr. Norton in a recent statement on the appointment, "James Cawley brings valued industry experience and breadth of knowledge on derivatives trading and we are pleased to welcome him to BGC to lead the company's SEF. In the year since BGC's SEF began operating, our premier hybrid and fully electronic trading technology has continued to expand and improve to meet the growing needs of our clients. I am confident Mr. Cawley will ensure BGC stays at the forefront of the derivatives marketplace and he will be ably supported by Angelo Toglia, whose first-rate leadership of BGC Derivative Markets, L.P. in the interim has been valuable in supporting our customer needs and overarching business goals."
"I am delighted to join BGC which has an excellent industry reputation and a strong SEF whose exceptional hybrid business model Leads Leads Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Read this Term the marketplace. I look forward to leveraging BGC's excellent reputation in electronic trade execution and technology to better serve our customers in these rapidly evolving derivatives markets," added Mr. Cawley in an accompanying statement.
Global brokerage firm BGC Partners, Inc. has appointed James Cawley as its Chief Executive Officer of its Swap 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 Facility ("SEF") subsidiary, BGC Derivative Markets, L.P.
In his new role at BCG Partners, Mr. Cawley will be based out of the firm’s New York branch, where he will report to Philip Norton, Global Head of eCommerce at BGC. Given the recent ascension of Mr. Cawley to CEO, Angelo Toglia, will be relinquishing his role as Interim CEO of BGC Derivative Markets, L.P., assuming the role of Chief Operating Officer.
According to Mr. Norton in a recent statement on the appointment, "James Cawley brings valued industry experience and breadth of knowledge on derivatives trading and we are pleased to welcome him to BGC to lead the company's SEF. In the year since BGC's SEF began operating, our premier hybrid and fully electronic trading technology has continued to expand and improve to meet the growing needs of our clients. I am confident Mr. Cawley will ensure BGC stays at the forefront of the derivatives marketplace and he will be ably supported by Angelo Toglia, whose first-rate leadership of BGC Derivative Markets, L.P. in the interim has been valuable in supporting our customer needs and overarching business goals."
"I am delighted to join BGC which has an excellent industry reputation and a strong SEF whose exceptional hybrid business model Leads Leads Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Leads or lead generation are an essential component of marketing and powerful tool by brokers. In its simplest form, leads can be defined as the outreach of customer interest or enquiry into products or services, most often associated with brokerages.These can be created for purposes such as list building, e-newsletter list acquisition, or for sales leads. Amongst marketers, such lists are one of their most important assets and instrumental to sales.There are a variety of methods for generating Read this Term the marketplace. I look forward to leveraging BGC's excellent reputation in electronic trade execution and technology to better serve our customers in these rapidly evolving derivatives markets," added Mr. Cawley in an accompanying statement.