The recently launched platform for digital asset trading, ErisX, has hired Kelly Brown as chief commercial officer, Liz James as head of clearing and Michael Piracci as senior counsel.
Brown will be tasked with developing an “intermediary-friendly approach” to developing a safe and liquid digital asset market on the platform. Before joining ErisX, Brown was most recently managing director and head of intermediary, bank and membership segments at CME Group. Brown also held roles in institutional sales at Bank of America and Cargill Investor Services.
James will be in charge of spearheading ErisX’s establishment as a Derivatives Clearing Organization (DCO), something that is currently pending regulatory approval. Prior to this role, James has spent time in operational positions at State Street, Barclays, Chase and Bank of England.
As senior counsel, Piracci will be helping develop one platform for spot and regulated futures contracts in digital assets. He joins from ScotiaBank, where he was director of compliance and his career also includes spells at Barclays; Morgan, Lewis and Bockius; the National Futures Association (NFA); and the Commodity Futures Trading Commission (CFTC).
“Kelly, Liz and Michael will be vital to the growth and development of ErisX and we proudly welcome them to our expanding team of experts,” says CEO Thomas Chippas. “We are confident this group of industry leaders will be the perfect fit to bring our intermediary-friendly vision to fruition and look forward to seeing them succeed in their new roles.”