Fenics Market Data, which is owned by brokerage firm BGC, has added two new members to its Americas team, both based in New York.
Damien Fitzpatrick joins BGC as head of sales, Fenics Market Data, for the Americas, reporting to Elliott Hann, Fenics Market Data's director of sales.
Fitzpatrick joins from Icap, a subsidiary of TP Icap, where he was most recently head of sales and business development for Asia Pacific. Prior to that, he worked at Thomson Reuters in various commercial roles in New York, London and Singapore.
Hotspot has appointed Jon Weinberg as head of FX liquidity analysis. Weinberg will move into this newly created role from UBS, where he was head of liquidity management within the bank’s FX e-trading group.
At Hotspot, he will be responsible for creating data analytics aimed at enhancing the trading experience of Hotspot’s customers. Based in London, Weinberg will report directly to Bryan Harkins, head of US equities and global FX at CBOE, which recently acquired Hotspot’s parent group, Bats Global Markets.
Redline Trading Solutions has named Patrick Lau as its director of EMEA sales, relocating him from his previous sales role in New York to London.
“Patrick’s success at Redline in building collaborative relationships with leaders of global banks provides a strong foundation for his promotion and relocation to London,” says John Hanna, VP of sales.
Alongside Dave Carson, who leads field engineering for EMEA, Lau will be tasked with leading a team aimed at expanding adoption of Redline’s solutions throughout European markets that include market data software, enterprise data distribution, order execution engines, and infrastructure-as-a-service offerings.
At least four members of Standard Chartered Bank’s voice and trading team have apparently left the bank in the last two weeks according to market sources.
The sources say that Shiyuan (Bob) Qi, the bank’s CNH trader in Hong Kong, Bill Greene, from the bank’s e-trading tea in London, Edison Li, an NDF trader in London and Singapore-based Patrick Yeo, another NDF trader, have all left.
The sources suggest that other traders may have also have left the bank but are unable to provide details.
Market sources tell Profit & Loss that Arthur Mountain has joined Goldman Sachs.
Catherine Flax has left her role as managing director, head of commodities, FX and local markets, Americas, at BNP Paribas.
Although an official spokesperson for the French bank declines to comment on the news, Profit & Loss understands that Flax has indeed left BNP Paribas and will be working as an advisor to FinTech firms focusing on artificial intelligence in financial services. She remains based in New York.
Prior to joining BNP Paribas in 2013, Flax spent eight years at JP Morgan. During her time at JP Morgan she worked in a variety of roles in London and New York, before being named as chief marketing officer at the bank in 2012.
LCH Clearnet has appointed Daniel Maguire as its COO, effective immediately. He assumes this role in addition to his current responsibilities as global head of rates and FX derivatives.
In a statement issued today, LCH says that as COO Maguire will be responsible for achieving new business growth, maintaining existing customer relationships and driving innovation and efficiency across the group, while ensuring LCH’s risk and resilience is fully safeguarded.
In his new role, Maguire will also be responsible for the development of an integrated global product strategy and its execution, working in partnership with the CEOs of LCH’s regulated CCPs, the group chief risk officer and other relevant function heads.
Bruce Wolf has left his position as head of Americas sales at EBS.
Although a spokesperson for Nex Group, the parent company of EBS BrokerTec, declines to comment on the news, Profit & Loss understands that Wolf has left after four years at the firm’s New York office.
Prior to joining the EBS sales team in March 2013, where he was tasked with leading the global development and strategic direction of the platform’s bank and broker clients, Wolf worked at Integral Development Corp.
Multi-asset prime brokerage firm Davisa Capital has hired Hormoz Faryar as head of global institutional sales.
Citadel Securities has hired Evran Ozkul as an e-FX trader in New York.
Prior to joining the non-bank market marker, Ozkul had been with Goldman Sachs for three years, having joined the firm in April 2013.
Ozkul has also worked as a trader at Jeffries and Bank of America Merrill Lynch.