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FXall in Double Hire

FXall has appointed two former State Street Global Link staff to its roster.

The multibank platform provider has named Steven Zieselman as senior director, strategic initiatives and David Lu as director, head of sales for Japan.

Zieselman is responsile for FXall’s post-trade services and business development relating to the changing regulation of OTC derivatives, while Lu is responsible for growing FXall’s footprint in Japan.

At State Street Zieselman was managing director of business development for the Global Link electronic trading platform. In this role, he was instrumental in the development of State Street’s post-trade offering and led its participation in CLS, FXall says, adding that Zieselman has significant knowledge of the FX landscape, money markets operations, settlement and custody.

His role at FXall will contribute to the ongoing development of FXall’s post-trade services and Settlement Center platform and will provide strategic direction for the business positioning as a whole.

Lu has nearly 20 years of experience in the Japanese FX markets, having worked across various sales, trading and e-commerce roles at major banks in Tokyo.In the last 10 years he led the sales and marketing of State Street’s Global Link, worked within FX sales at Morgan Stanley and was most recently responsible for customer order execution and e-FX customer coverage for asset managers, banks, financial institutions and broker dealers at Deutsche Bank.

“We are confident that both of these additions to our team bring a wealth of expertise and deep contacts across the FX market,” says Phil Weisberg, CEO of FXall.”The appointment of Steve further strengthens our ability to innovate and grow in response to a changing trading landscape and regulatory environment, and David brings over 20 years’ experience in Japanese markets.”

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