ICAP plc (Icap), this morning announced that Seth Johnson, currently head of strategy at its global broking division, has been appointed CEO of EBS BrokerTec, taking over from outgoing CEO Gil Mandelzis who, as announced on 21 July is leaving Icap.
Johnson had previously held the role CEO of BrokerTec, but in late 2014, stepped aside when Mandelzis, then head of EBS, was handed the business as CEO of a newly combined EBS BrokerTec.
As head of strategy for global broking, Johnson has been responsible for growing revenues, improving the application of technology to the company’s business model, and expanding customer coverage. He previously led the expansion of Icap’s electronic markets product portfolio as chief executive officer of BrokerTec and CEO of the Icap Securities & Derivatives Exchange (ISDX), the company says.
BGC Partners has announced that Michael Morris has joined Fenics Market Data as head of sales for the Americas.
In his new role, he will be based in New York and will report to Elliott Hann, global head of sales at Fenics Market Data.
Morris joins BGC from Bloomberg, where he had been the global head of data acquisition since 2012, and had led data acquisition sales in various capacities since January 2006.
"We are delighted to welcome Mike to the team. He brings to BGC Partners a wealth of industry knowledge and leadership from his 20 years with Bloomberg," says Elliott Hann.
Greg Wood has joined the Futures Industry Association (FIA) as senior vice president of global industry operations and technology.
Wood will be tasked with leading the strategic direction of the FIA by developing and maintaining key strategic relationships with various constituencies in the industry; identifying and managing member and industry operational, execution and market structure issues; and guiding the development of FIA’s operational and technical solutions.
“On behalf of the FIA board and staff, I am thrilled to welcome Greg to this role,” says FIA president and CEO, Walt Lukken.
Justyn Trenner has left his position as head of corporate development at EBS BrokerTec.
A spokesperson for EBS BrokerTec declined to comment on the news, but market sources indicate that Trenner left the firm today.
He had been head of corporate development since January 2015, having previously been the global head of liquidity optimisation and a part of the executive team at EBS.
Prior to this, Trenner was the CEO of London-based ClientKnowledge, a firm that he established in 1993
RJ O’Brien has hired Joseph Acosta as a senior FX dealer in New York, Profit & Loss understands
Graham Wright has joined the LCH Limited board as an independent non-executive director. Wright is currently the chief information security officer and global head of digital risk for National Grid.
Prior to this, he has held a number of senior roles relating to cyber security and intelligence for the UK’s Ministry of Defence and in the private sector. These positions follow a career as an operational pilot and senior officer in the Royal Air Force.
Lex Hoogduin, group chairman of LCH, comments: “I am delighted to welcome Graham as an independent non-executive director to the LCH Limited board. He brings exceptional knowledge of the technology and operations space and the Board will benefit greatly from his experience in this area.”
Mohammed Grimeh, regional head, financial markets, Americas, and head, financial markets sales, Americas, is set to leave Standard Chartered in New York.
A spokesperson for the bank confirms that Grimeh decided to leave in order to pursue another career opportunity, with one market source suggesting that he is moving to the buy side.
His last day with StanChart will be September 23.
No immediate successor to Grimeh has been appointed, so Bill Streep will assume the role of interim regional head of financial markets, Americas, in addition to his current role as head, ALM, Americas.
Remo Letterman is back as chair of the FIA's European Principal Traders Association, just a year after stepping down.
TradAir has hired an ex-EBS-er to run its customer support teams globally.
GTX has hired Eduard Poltavsky as director, e-FX sales.