FastMatch has hired Gareth Thomas as director of sales in its New York office.
In his new role, Thomas will be charged with marketing FastMatch products to hedge funds, banks, brokers and asset managers.
He joins the ECN from BGC Mint, where he ran the FX desk, prior to which he spent over eight years at GFT Markets London (now part of Gain Capital Group), where he was a director of global execution and market making. Before that, Thomas had FX dealing roles at Credit Lyonnais and NatWest Markets.
ITG has hired Ruben Costa-Santos as director and head of FX and Andre Nogueira as a director on its analytics team.
Costa-Santos most recently worked at Deutsche Bank, where he served as head of FX platforms for the Americas.
Prior to joining Deutsche Bank in 2004, Costa-Santos conducted physics research at Utrecht University and at Stony Brook University, where he received his Ph.D in mathematical physics.
Costa-Santos will oversee ITG’s foreign exchange activity across the analytics, execution and workflow technology product groups. He will be based in the New York office.
MarketFactory is reshuffling its management team effective October 1, with current CEO being appointed executive chairman, a full time role, and Darren Jer taking over as CEO.
John Shay, most recently a partner at Virtu Financial, is joining Nasdaq as global head of fixed income, commodities and clearing, reporting to Hans-Ole Jochumsen, president of Nasdaq. Shay takes up his New York-based role in late October.
Shay spent most of his career with ICAP (Icap) before being recruited by Virtu’s founder, Vincent Viola, in 2007. At Virtu, Shay was responsible for managing all outside venue, vendor and trading relationships, including all prime and FCM counterparties, as well as all exchange, ECN and ATS relationships with a focus on fixed income, currencies and commodities.
Brokerage firm BTIG has added two to its New York team.
John Silver is joining as managing director of foreign exchange, and Andrew McSweeney enters the firm as managing director of interest rates.
“John and Andrew will play a vital role in expanding our foreign exchange and interest rates expertise,” says Anton LeRoy, chief operating officer, at BTIG. “As we build out our business to address increasing client demand, we continue to identify proven leaders in our space to service clients at the highest level.”
Michael Williams has left Curex, where he was president and vice chairman. He is understood to be establishing a consultancy firm in the fixed income and FX space.
Williams joined Curex in January 2010 from Hotspot, where he was senior managing director of Knight Capital and head of the Hotspot platform business. He joined the firm in late 2006 from HSBC where he was responsible for the New York trading and sales business.
A veteran of the industry, before HSBC Williams also held roles at Cantor Fitzgerald, Intercontinental Exchange Partners and Bierbaum – the latter being a business he established in New York in 1978.
IHS Markit says Jane Hamilton joined the firm as managing director of business development for FX.
The firm says Hamilton brings “deep experience” in the FX market, prime brokerage and the technology systems supporting FX trading and she will be responsible for expanding Markit’s portfolio of FX services and software, including recently-launched centralised services for trade affirmation, managing FX options, clearing and regulatory reporting.
Hamilton joins from Icap where she was director of strategic alliances for Traiana for eight years. Prior to Traiana, she worked at Thomson Reuters.
Andy Corcoran has been named a managing director of business development at execution and data analytics firm Cürex Group.
A 20 years FX markets veteran, Corcoran has been involved throughout his career in all aspects of FX trading and client support on the sell-side. Prior to joining Cürex, he worked for 17 years at UBS where he most recently served as executive director of FX e-sales for the Americas.
His FX client management experience also encompasses prime brokerage services, trade processing and client fulfillment. Corcoran began his career at Merrill Lynch.
Chris Hughes has joined the Instinet FX sales team in New York.
The Bank of England has announced that its deputy governor for markets and banking, Minouche Shafik, will leave at the end of February 2017.
She is leaving to take up the post of director at the London Schools of Economics, having joined the bank in 2014 from the IMF.
“We will say farewell to Minouche with gratitude and regret,” says Bank of England governor Mark Carney. “She helped drive vital reforms on the domestic and international stages, perhaps most prominently in the successful completion of the Fair and Effective Markets Review