Spotex, a developer of technology systems for the FX markets and ECN operator, has hired John Miesner as executive managing director, global head of sales and distribution. “We are fortunate to have John join us at this transformative point in our evolution,” says Ritesh Agrawal, CEO of Spotex. “John’s vast knowledge of the institutional foreign exchange market and its key participants will be a tremendous asset as he leads the company forward.”Spotex was launched in 2014 by Agrawal, who previously held senior IT positions at Hotspot FX (now Cboe FX), GFI and PwC, and COO Chris Mitchell, who held similar positions in financial technology.
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.