Technology-driven broker TradingScreen, the provider of multi-asset execution capabilities through its solutions supported from New York, London, Paris, Tokyo and Hong Kong, today announced the appointment of Peter Holmgren as Global Head of Sell- Side OMS – based in London.
Holmgren was hired to support TradingScreen’s listed and centrally cleared derivatives business, according to the official press release, after the business had significant growth following the launch of TradePlus – the firm’s comprehensive multi-asset front-office solutions for the sell-side.
In addition, Holmgren is described as having more than 15 years of experience in the fields of international business development and sales of complex IT and software solutions within the finance/banking sector, with expertise in financial markets and regulatory requirements in the EMEA region.
Forex Magnates’ reporters spoke with Peter Holmgren, following the announcement, for comments on joining TradingScreen in the new role, he said, “TradingScreen’s unique technological capabilities have created a lot of new opportunities for the firm from a sales perspective,” and concluded, “It’s no surprise that it’s also attracting a number of experienced salespeople from other firms around the globe, who see the need for a multi-asset, multi-currency, cloud-based system in today’s marketplace.”
The company was one of the first to develop an Execution Management System (EMS), around ten years ago, and currently lists on its website that it can connect to any venue, for any asset class, supporting global order routing of cash equity products, futures and options, foreign exchange and fixed income instruments. The ability to leverage the cloud in a Software-as-a-Service (SaaS) manner, also adds to the robustness of the delivery.
Buy-Side and Sell-Side Covered
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TradingScreen has dedicated platform solutions to both the buy-side and sell-side in the institutional space, across its TradeSmart and TradePlus, as well as TradePrime offerings.
The firm has indeed evolved into a very capable provider of execution solutions and routing, among other capabilities in its diverse offering. Further expansion, at least in terms of staff-count, appears to be underway as noted below.
Commenting in the official press release, TradingScreen CEO, Philippe Buhannic said, “New regulations are creating significant challenges for market participants, by demanding global views of holdings and risk, across geographies, time zones, currencies, and asset classes.”
Mr. Buhannic concluded regarding the new hire, “TradingScreen is in a unique position to provide a global, cloud-based, multi-asset solution. We are happy to have the experience and skill sets that Peter represents added to our staff, to help introduce TradingScreen’s solutions to the firms that need them most.”
According to people familiar with the developments, the company is planning to announce several additional hires in coming weeks.