Ballinger & Co., a London-based FX broker, has appointed three new directors, naming Patrick Ronane, Tim Hallinan and Jon Robson as Managing Director for Sales, Sales Director, and Trading Director, respectively.
Ballinger & Co. said the new hires, which mainly include a crew of former Monex Europe staff, intend to fuel support its quick growth as a non-bank FX broker that caters to large and complex corporate and institutional clients.
The latest additions come barely one month after Ballinger & Co. appointed FX veteran and the co-founder of Monex Europe, Will Tracey, as its executive chairman and largest shareholder.
Commenting on the appointments, Tom Dudderidge, CEO of Ballinger & Co., said: “We are thrilled to see Patrick, Tim and Jon join the team. They bring tremendous expertise to their roles and the type of entrepreneurial drive that is propelling us forward. Our growth in the past few months and ability to attract some of the industry’s most talented professionals reassures me that we are on the right track and creating something special within the market.”
New Hires’ Background
Prior to his new role as Ballinger’s managing director of sales, Patrick Ronane held senior positions at Monex Europe, a specialist in commercial foreign exchange based in London. He was tasked with the global development of the business, recruiting, training and managing the sales teams across Europe.
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“I am delighted to be joining such a dynamic and accomplished team at Ballinger. The business is clearly flying, and I am keen to bring my experience to such a sophisticated sales operation. Ballinger is quickly becoming the most exciting specialist FX broker in the sector, and I’m very pleased to be part of that journey,” said Patrick Ronane.
Tim Hallinan, who was named sales director, also brings more than a decade of experience as part of Monex Europe’s team responsible for new business acquisition and client relationship management.
Reflecting on this appointment, Hallinan shared: “I have known Ballinger’s senior leadership for many years; they have an unrivalled track record, and this is reflected in how the business continues to go from strength to strength. Together, we are committed to building a diverse, talented team capable of meeting the needs of complex clients currently underserved in the market.”
Ballinger & Co. has also lured Jon Robson, who spent the bulk of his career in the institutional FX space, having dealt for Credit Suisse, UBS, Morgan Stanley, and Goldman Sachs, amongst others. Most recently, he served as an equity derivatives trader at interdealer broker, Sunrise Brokers, a position he held since 2011 until he moved to Ballinger & Co.’s trading operations.
“It’s a special time in Ballinger’s expansion, and I can’t wait to get to started. At present, the market offers significant opportunities for both our institutional and corporate clients, and I’m confident that we can create value with a genuinely innovative, forward thinking offering,” Jon Robson concluded.