Trading Places: Saxo Bank Sees Flurry of Moves

Monday, May 15

Brendan Callan, FXCM

FXCM Group promoted Brendan Callan as its newest CEO, nearly two months after he ascended to the role of interim CEO within the company. The appointment helps turn the page on its setbacks earlier this year, as Callan will be the face of the group moving forward. Mr. Callan originally joined FXCM Group back in 2001, and has successfully managed the company’s London branch since 2010 as CEO of FXCM Europe.

Jesper Rasmussen, Saxo Bank

Jesper Rasmussen, Senior Director and Head of IT Client Data and Reporting at Saxo Bank, recently announced his intention to leave his position at the firm. This announcement comes just before the ten-year mark of his employment at the broker. Mr. Rasmussen has filled a variety of IT related roles since he started working for the Danish broker back in June 2007 as a senior developer. He served as Data Warehouse Team Leader between 2010-2012, later moving on to becoming Head of IT Enterprise Systems and Assistant Vice President in 2012-2014.

Tuesday, May 16

Anthony Guido, Steven Jones, Jay Sommer, and Jeffrey Walsh, BTIG

BTIG secured the services of Gareth Thomas, the latest addition to the group’s Foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) Trading Group. The hire is the latest in a string of moves at BTIG, which has been aggressively strengthening its Fixed Income Credit Group over the past few months. Last month, the group added Anthony Guido, Steven Jones, Jay Sommer and Jeffrey Walsh, part of a fresh hiring round as it eyes an expansive H2.

Eric Bayle, Societe Generale

Societe Generale veteran Eric Bayle was promoted to a new senior role, becoming the Head of Global Transaction Banking in the UK, following a successful tenure with the group lasting over sixteen years. He will remain in London, where he has worked for the last seven years. Mr. Bayle’s main responsibilities will be to help foster and develop Societe Generale’s transaction banking services domestically, whilst offering non-banking financial institutions and corporations a multitude of banking services.

John Emmert and Sean O’Meara, ITG

ITG (NYSE:ITG) on-boarded John Emmert and Sean O’Meara as the newest members of its trading teams. The group’s latest hires are to help strengthen its portfolio and exchange-traded-funds (ETFs) capabilities respectively. Mr. Emmert will serve as ITG’s Director on the Global Portfolio Trading team. In this capacity he will be based out of New York, with his appointment being tendered this week. He steps into the new job with over two decades of trading and client relationship building experience.

Wednesday, May 17

Alastair Goodwin, Cinnober

Cinnober announced a new senior hire last week, following the acquisition of the business and assets of Ancoa Software, a UK-based market surveillance specialist company. Alastair Goodwin has been tapped as the new CEO of the group. Following Cinnober’s acquisition of Ancoa, a new subsidiary has been formed with Mr. Goodwin tasked to lead the entity. The subsidiary itself will provide contextual surveillance and insightful Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term for exchanges and regulators, across the buy- and sell-side.

Colin Murphy, NEX Optimisation

NEX Optimisation last week appointed Colin Murphy as Chief Commercial Officer with immediate effect. The new appointment will also aggregate a number of responsibilities from NEX Regulatory Reporting, a recently launched solution that caters to MiFID II and other regulatory regimes. As its Chief Commercial Officer, Mr. Murphy will be based out of London, whilst reporting to Jenny Knott, CEO of NEX Optimisation, also working in tandem with Collin Coleman, Head of NEX Regulatory Reporting.

Janus Erichsen, Saxo Bank

Saxo Bank parted ways with Janus Erichsen, who relinquished his role as the group’s Associate Director and Head of Paid & Earned Media. Mr. Erichsen opted to pursue other opportunities within the industry. His departure comes more than a year after he first joined the group back in December 2015 – he has worked out of Hellerup, Denmark, for the duration of his tenure.

Thursday, May 18

Or Chubook, Leverate

Or Chubook, the Vice President of R&D at Leverate, stepped down from his role at the foreign exchange and CFDs focused tech provider, concluding 5 years of employment with the company. Chubook took the role of VP R&D over a year ago, ending a 2-year stint as R&D Group Manager within the company. Prior to that Mr. Chubook held the role of Sirix Server R&D Team Leader for more than 2 years.

CLS Group

CLS Group (CLS) unveiled a newly revamped leadership structure for its board of directors, with nine new directors that were elected at its latest meeting earlier this month. The new directors are: Vidya Bittianda, David Gary, Akira Hoshino, Dominique Le Masson, Bryan Osmar (Outside Director), Bill Stenning, Fabrizio Tallei, David Thomas, and Ronnie Yam Soon Lee. This brings the CLS board to twenty-three directors, with five being independent and designated as outside directors.

Arnoud Rozendaal, Saxo Bank

Saxo Bank made a new senior appointment to its team, appointing Arnoud Rozendaal as its newest Chief Experience Officer (CXO) with immediate effect. He succeeds Philip Wegloop after nearly two years in the role. Philip Wegloop parted ways with Saxo Bank earlier this month. Mr. Wegloop was originally appointed to the newly created role back in 2015.