FIA, a trade organization representing industry participants in the futures, options and centrally cleared derivatives markets, said on Friday that it has appointed Don Byron as head of global industry operations and execution.
In his new role, Byron will be responsible for developing and implementing industry solutions relating to clearing operations, execution technology, cybersecurity, and market structure issues.
Based in FIA’s Chicago office, he will also be the principal liaison with the divisions and committees representing those issue areas.
“We are thrilled to welcome Don to this senior position managing our global operational and technology work,” said FIA President and CEO Walt Lukken.
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“We are fortunate that such an experienced manager with deep industry knowledge will be joining us.”
The incoming executive joins FIA from Fidessa. Working in the company’s Chicago division, he was a product manager, focusing on derivatives trading.
Byron helped to develop Fidessa’s derivatives trading platform, giving demos to prospective clients and fixing problems that those clients found.
Prior to his time at Fidessa, Byron spent just under six years at Barclays Capital’s office in New York. During his time at the investment bank, he worked on derivatives trading products, including clearing services and the firm’s prime brokerage offering.
Alongside his experience at Barclays, Byron has had stints at Northern Trust, ING, and Ramsey Financial.