Tibor Gergely Joins 360T as Head of Spot Strategy
- He was head of e-FX Trading at UniCredit before
360T, Deutsche Boerse's FX unit and global provider of a multi-bank, multi-asset Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, has hired Tibor Gergely as Head of Spot Strategy in London earlier this month, according to market sources.
He moved to the firm from UniCredit, where he was Head of e-FX Trading, responsible for managing and running the electronic foreign exchange desk.
Gergely also worked as a Director in e-FX Trading at the firm, participating in the complete revamp of the bank’s electronic foreign exchange capabilities as part of a wider group transformation plan.
Bank of America Merrill Lynch and BNP Paribas
Prior to that, Gergely served at Bank of America Merrill Lynch for almost six years.
He had joined the bank as a quant trader in e-FX market-making in 2011 and became a product specialist in FX algorithmic execution in 2015.
In this position, he was the sole front-office employee in the trading hierarchy in EMEA looking electronic FX agency products: execution algorithms with transaction cost analysis (TCA), benchmark fixings, and resting orders.
Gergely’s career began at BNP Paribas in 2009. He served as a summer associate in e-FX Trading and as a quantitative analyst in e-FX market making.
Additionally, he was a member of the Electronic Trading Group within the Fixed Income Research and Strategies Team (FIRST), focusing on electronic foreign exchange markets.
Gergely developed high-frequency automated pricing mechanisms and algorithmic-based hedging strategies for the spot FX market making trading desk.
He also maintained and developed the research framework for automated Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and client profitability reporting tools for the French bank’s trading desk.
360T, Deutsche Boerse's FX unit and global provider of a multi-bank, multi-asset Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, has hired Tibor Gergely as Head of Spot Strategy in London earlier this month, according to market sources.
He moved to the firm from UniCredit, where he was Head of e-FX Trading, responsible for managing and running the electronic foreign exchange desk.
Gergely also worked as a Director in e-FX Trading at the firm, participating in the complete revamp of the bank’s electronic foreign exchange capabilities as part of a wider group transformation plan.
Bank of America Merrill Lynch and BNP Paribas
Prior to that, Gergely served at Bank of America Merrill Lynch for almost six years.
He had joined the bank as a quant trader in e-FX market-making in 2011 and became a product specialist in FX algorithmic execution in 2015.
In this position, he was the sole front-office employee in the trading hierarchy in EMEA looking electronic FX agency products: execution algorithms with transaction cost analysis (TCA), benchmark fixings, and resting orders.
Gergely’s career began at BNP Paribas in 2009. He served as a summer associate in e-FX Trading and as a quantitative analyst in e-FX market making.
Additionally, he was a member of the Electronic Trading Group within the Fixed Income Research and Strategies Team (FIRST), focusing on electronic foreign exchange markets.
Gergely developed high-frequency automated pricing mechanisms and algorithmic-based hedging strategies for the spot FX market making trading desk.
He also maintained and developed the research framework for automated Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and client profitability reporting tools for the French bank’s trading desk.