The Royal Bank of Scotland has appointed Ed Mount as head of FX technology based trading, reporting to Tim Carrington, head of global FX.
In this newly created role, Mount will be responsible for both technology based trading products across FX spot and options, including high frequency and algorithmic trading.
Mount has over 20 years of experience in the FX technology and trading arenas. Prior to RBS, he spent 10 years on the buy-side with Elysium Capital Fund before launching in 2007 a spin-off, Elysium Technology Group, where he was CEO and president. In addition, he has over a decade of experience in FX and metals derivatives trading initially with Swiss Bank Corp. and later with UBS.
Carrington says: “Ed brings significant knowledge of both the buy-side and sell-side across FX and metals as well as plenty of experience in the more technological aspects of trading which makes him ideally qualified to apply these combined skills to this dynamic field.”
Elysium Technology says it has no immediate plans to fill the CEO vacancy. The company will continue to be run by the management team led by executives Mark Rosenfeld, chief technology officer, and Roque Castro, head of business development.