LMAX Exchange has named Roland White to the newly created position of global head of institutional sales. He joins from Commerzbank where he was head of e-FX sales for eight years.
At LMAX he will report to CEO David Mercer and will be responsible for advancing the LMAX Exchange global growth agenda in the institutional segment, leading the institutional sales team and deepening relationships with institutions internationally.
In addition to his time at Commerzbank, White has, over a 28-year career, also held sales positions at EBS, Cognotec, Reuters, Citigroup and Standard Chartered.
“Roland is joining our team at exactly the right time,” says Mercer. “Demand for firm limit-order liquidity is ever increasing, and institutions want transparent, precise and certain execution. This is what we offer. To date, we have already garnered significant momentum in the institutional space globally and we expect our growth trajectory to continue. We are proud to count over 300 large funds and brokers in our global institutional client base.
“Roland’s wealth of experience, depth of knowledge and respected standing in the FX industry will be instrumental as we continue to gain traction among institutions globally,” he continues.
White adds,“This is an exciting time to be joining LMAX Exchange after its record performance year and the achieved traction to date in the institutional FX segment. I look forward to playing a key role in LMAX Exchange’s ambition to strengthen its market leader position and expand its institutional offering globally.”