CFH Clearing Promotes Paul Groves to Head of European Sales

Paul Groves has been promoted to Head of European Sales at TradeTech Group’s Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider, CFH Clearing.

In his newly created role, Groves will lead CFH Clearing’s European sales team, where he will be tasked with various activities and operations. Groves will continue to work based out of London, where he will be reporting to CFH Clearing’s CEO, Matthew Maloney.

The moves are part of a broader growth strategy for the UK-based prime of prime (PoP) brokerage. Groves has been a key player in the firm’s ascension in the liquidity and clearing space, having worked in various sales positions at CFH Clearing for over nine years.

A Decorated Career

Groves originally joined CFH Clearing, which is part of Playtech’s financials division, back in 2010. During his tenure, he has exclusively focused on his role as a sales executive, which covered a variety of responsibilities and internal functions.

Groves has been in the industry for nearly three decades dating back to 1990. During his decorated career he has also held senior-level roles at Sucden Financial and ODL Securities, among others.

Announcing the appointment, Maloney said: “As a result of continued global demand for our products and services, we have created a new sales structure, enabling us to accelerate our growth and scale the business even further. Paul Groves was the ideal candidate for our newly created Head of European Sales role. He has a proven track record in generating long-standing clients for CFH, exceptional product knowledge and the ability to think creatively about solutions. He has an in-depth understanding about the challenges our clients face, built from many years of industry experience.”

Groves added: “I am very excited about this new opportunity. The general opinion in the industry is that the European market is struggling, largely because of ESMA ESMA European Securities and Markets Authority (ESMA) is an independent Authority of the European Union that is responsible for the safety, security, and stability of the European Unions’ financial system and is charged with protecting the public. The European supervisory authority for the securities sector, ESMA was established on 1 January 2011. The European Securities and Markets Authority is an independent EU authority based in Paris. It aims to contribute to the effectiveness and stability of t European Securities and Markets Authority (ESMA) is an independent Authority of the European Union that is responsible for the safety, security, and stability of the European Unions’ financial system and is charged with protecting the public. The European supervisory authority for the securities sector, ESMA was established on 1 January 2011. The European Securities and Markets Authority is an independent EU authority based in Paris. It aims to contribute to the effectiveness and stability of t Read this Term. However, CFH continues to grow our institutional client base in Europe, as in all territories, and we see significant opportunities in the region with both high net worth individuals and professional clients. These opportunities are because of the strength of our world class technology and liquidity offering, our reputation in the industry for helping institutional clients to grow, and the advantages we offer from being part of Playtech, a FTSE-250 listed company.”