Spotex has hired Tom Reichel and Paul Beatty as managing director and director, respectively.Reichel will be based in Chicago and Beatty in Jersey City. Both will report into John Miesner, the firm’s recently hired executive managing director and global head of sales and distribution. Prior to joining Spotex, Reichel was managing director, FX sales, at GTX. He previously held senior sales and trading roles at Hotspot FX (now Cboe FX), Kingstree Trading and Chicago Research and Trading (CRT).
Beatty joins Spotex from TP ICAP. Prior to joining the broker, he was global managing director, Tradebook FX at Bloomberg.
Martin Lin has joined BMO Capital Markets as head of capital markets, China.Based in Shanghai, Lin’s most recent role prior to this was at BNP Paribas, where he was trading head, FXLM China and Hong Kong. Lin had spent 14 years at the French bank in Shanghai and Hong Kong.Prior to that, Lin worked as a swaps trader as DBS Bank in Singapore.
QCAM Currency Asset Management has announced that Gary Klopfenstein will serve as a senior strategic advisor to the company. In the role, he will advise QCAM on both business and trading strategies with a focus on expanding the firm’s capabilities and extending its reach to a global client base.
Klopfenstein is a pioneer in the specialist currency management industry and has wide ranging experience in alternative investment management, having been a senior managing director at Mesirow Financial in Chicago where he established the currency management practice and built it to over $50 billion in less than 10 years.
TransFICC has appointed Godfried De Vidts as a regulatory affairs advisor. Prior to this appointment, De Vidts was the director of European affairs at NEX Group, where he advised on European financial and political issues and led the group’s relationship with the European Commission and Parliament. Throughout his career, De Vidts has been a member of various official working groups such as: the ECB Contact Group on Euro Securities Infrastructures (Cogesi), the ECB Macroprudential Policies and Financial Stability Contact Group (MFCG), and the ESMA Secondary Markets Standing Committee Consultative Working Group.
John Marchese has joined 360T as head of corporate sales, North America.Based in New York, Marchese arrives at the firm from FXall, where he was most recently working as director, senior FX transactions sales. Marchese had been with FXall since 2008, having previously spent four years at Bear Stearns, where he was focused on the firm’s prime brokerage business.Prior to that, Marchese had stints at UBS as a prime brokerage specialist and as a trading assistant at AllianceBernstein.
Eurobase, CMC Markets, LCH SA…
LMAX Exchange has added two salespeople to its roster in Asia-Pacific with the hiring of Jason Huang and Shang Lin.
Huang has joined as head of sales for Asia Pacific, based in Hong Kong, he joins from CFH Systems Asia, where, as a managing director, he established and led the firm’s Asia office.
Lin has joined as institutional sales executive for Asia Pacific, based in Singapore and joins from Refinitiv (formerly Thomson Reuters), where she focused on financial institutions and corporates for the FXall business.
Fan Xu has been appointed head of Greater China Business for Saxo Bank, based in Shanghai and reporting to Saxo Bank founder and CEO, Kim Fournais. Xu will be responsible for the firm’s strategy for the region. He will be tasked with managing and developing relationships with key stakeholders and partners in Greater China, ensuring that the firm is well placed to leverage opportunities in the region as China’s financial markets continue to open.Xu joins with over 20 years of experience in financial services and markets, having previously worked for Citigroup in New York and China Everbright Bank in Beijing, and most recently, as CIO at CITIC Prudential Life Insurance in Beijing.
Refinitiv, formerly the Financial and Risk business of Thomson Reuters, has appointed Sherry Madera as global head of industry and government affairs to “enhance the company’s engagement across government, policy initiatives, industry trends and regulatory developments”.
The firm says this engagement will support its role in global financial markets and “offers customers further opportunity to drive efficiency, transparency and collaboration across the public and private sector”. It adds that Madera and her team will engage with customers, industry groups, regulators and governments to help tackle key customer challenges and advocate for fair, efficient and sustainable financial markets.
LMAX Exchange has appointed Himanshu Kher as group treasurer, a newly-created role he began at the start of 2019.
Kher joins from IG Group, for whom he was also group treasurer and will report to Grant Pomeroy, group chief financial officer, and brings 18 years of treasury, corporate finance, risk management and stakeholder management experience from a career spent with global brokerages, banks and consulting organisations.
Prior to joining IG, Kher was a director within Group Treasury at Barclays, he has also held roles at Boston Consulting and PwC.