Itarle, which provides multi-asset algorithmic trading and analytics services to banks and brokers, has appointed James Thorpe as the regional manager of its Chicago office to help boost its presence across North America.
Thorpe joins Itarle from Clear Capital Group, a proprietary trading group in Chicago, where he served as CEO. Prior to that, Thorpe was the CEO of Mercury Derivatives, part of the Hertshten Group, where he managed the company’s day-to-day expansion across China before managing the global trading group with over 250 million futures contracts traded annually.
“James’ extensive knowledge in short-term interest rates (STIR) and fixed income will be critical in helping drive innovation for Itarle and expanding our offerings across different services,” says Paul Lynch, CEO and founder of Itarle. “Having James in Chicago is essential as we look to increase awareness around Itarle’s capabilities in North America.”
“Today, banks and brokers are faced with a number of challenges from execution costs and consistency to trader productivity and regulatory compliance,” adds Thorpe. “Itarle’s real-time, adaptive and quantitative models in conjunction with the top-notch intuition of its team have made its services invaluable, and I look forward to helping further drive that expansion in North America.”