CBOE’s institutional foreign exchange venue Hotspot has promoted Jonathan Watras to Head of FX Sales in the Asia-Pacific (APAC) region. The move reflects a shifting focus for Mr. Watras who will now be dedicated to Asia, having relocated from New York.
Prior to the move, Mr. Watras served as the Director of FX Sales for Hotspot in New York, a role he has held since 2016. In his new position Mr. Watras will be based out of Singapore, Finance Magnates has learned.
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Mr. Watras has worked in the financial services industry for over a decade. His career has covered a variety of operations in the FX space, including prime brokerage, sales, and systems. Before joining CBOE, previously Bats, Mr. Watras worked at Currenex for nearly three years as Vice President of FX Sales.
During this time he was based out of New York, holding the role since 2013. Additional stops include a brief stint as Vice President of CLS Group, overseeing the group’s business development and corporate strategy.
He also worked as a director at Morgan Stanley Asia for over three years, dating back to 2009. In this capacity he was working out of Morgan Stanley’s Shanghai office, helping open the FX operations team and transitioning the roles from the lender’s Sydney offices. He also was instrumental in helping run its FX prime brokerage team, structured products, and other segments.
The beginning of his career saw him focus on the prime brokerage space at Morgan Stanley as an FX PB analyst. His first role was at HSBC as a FX corporate analyst, extending back to 2005.