Gabriela Liber has joined TradAir in London as director of liquidity management.
Christopher Giancarlo has been nominated by the Trump administration to be the next Chairman of the US Commodity Futures Trading Commission (CFTC).
Giancarlo made his first public appearance since the nomination at the FIA Boca event, where he advocated a new agenda for the CFTC that focused on fostering economic growth, enhancing US financial markets and “right-sizing” the regulators’ footprint.
“I am grateful that the White House made the announcement before todays’ speech,” he told reporters afterwards. Commenting on his new agenda for the CFTC he added: “You can read into it what you will as to the extent to which I think it is in alignment with where the President wishes to go with his approach to financial regulation.”
Just two weeks after officially taking up the position, the Bank of England’s deputy governor for Markets and Banking, Charlotte Hogg, has resigned.
Hogg, who was also chief operating officer of the Bank of England, resigned because she failed to disclose her brother’s position at Barclays, an institution she would be overseeing. She had apparently tried to resign previously over the matter, but her resignation was knocked back by BoE Governor Mark Carney and Chair of the Court Anthony Hapgood.
Rosenthal Collins Group has announced the appointment of Hilton Sheng to the new position of president, structured products division.
Dan Watkins has been appointed head of BNY Mellon Markets in Europe, the Middle East and Africa (EMEA). He succeeds Richard Gill, who is retiring from the business after 22 years with the group.
Gill joined Bank of New York in 1995 as head of its spot FX trading team, before being appointed global co-head of FX trading and senior global markets officer in Europe at BNY Mellon. He joined the bank from First National Bank of Chicago, where he worked for four years.
Gain GTX has hired Ed Schwartz as managing director, agency sales, for its swap dealer business.
This business provides “voice” execution services on an anonymous, agency basis for foreign exchange spot, deliverable and non-deliverable forwards, swaps, and options.
Prior to joining GTX, Schwartz was at Citi, where he was responsible for covering global macro and real money accounts. He previously held senior sales and trading roles at Bank Julius Baer, JP Morgan and Bankers Trust-Deutsche Bank. Schwartz will be based in GTX’s Jersey City office.
Neil Walker is standing down as a non-executive director of LCH’s SA and Group boards, effective immediately, in order to focus on executive commitments elsewhere.
Walker has been a non-executive director for LCH since 2012 and has served as a member of LCH’s risk committees.
Lex Hoogduin, group chairman of LCH, says: “Over his five-year tenure, Neil has made significant contributions to both the SA and Group boards and its risk committees. On behalf of the Board and LCH’s executive team, I would like to express my gratitude for Neil’s commitment and the insight that he’s provided to LCH during this time. We wish him every success as he continues to pursue his executive career.”
Ture Johnson, director of e-FX liquidity distribution and relationship management at Tower Research Capital in New York, has left the firm after nearly five years.
Along with his distribution responsibilities, he focused on trade and market analysis working closely with the trading teams.
Prior to joining Tower in mid-2012, Johnson spent the previous eight years working for several hedge funds including Graham Capital Management and starting his own fund. While working on the buy side, Johnson’s focus was on the electronic/algo side of the business.
Nex Optimisation, the Nex Group company established to help clients reduce complexity and optimise resources across the transaction lifecycle, has announced the launch of Nex Reg, a think tank focused on regulatory and market structure issues.
Kay Swinburne MEP has been appointed as chair and will work with senior leaders from across Nex Group to publish regular white papers and host events for the wider market to debate and illuminate key issues.
The firm says Nex Reg will support its objective of leading future thinking on key issues for the market.
Sucden Financial has appointed Noel Singh as head of e-FX business development, where he will lead the firm’s growth of its non-bank FX prime brokerage business.
In his new role Singh will be tasked with targeting institutional firms, including asset managers, hedge funds and prop trading houses.
Sucden says that his appointment comes as part of a significant investment plan to expand the company’s FX business. This plan includes the introduction of Cobalt DL, utilising blockchain derived technology, which the firm claims can significantly cut post-trade costs and mitigate risk when trading across multiple venues.