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CQG Hires to Bolster Asia Pacific Presence
CQG, a provider of technology solutions for traders, brokers, commercial hedgers and exchanges, has announced that Benjamin Soong has joined the firm as president, APAC, and Rick Chang as head of Greater China. Rod Giffen, formerly CQG president, APAC, takes the new role of chief experience officer. Soong joins CQG from Ledger, where he was head of Asia Pacific. He previously spent 12 years at S&P Global Market Intelligence. Chang also joins from Ledger, where he served as head of commercial and operations in Asia Pacific. At CQG, he will report to Soong and oversee growth in Greater China.
Redline Hires Andrij Wowkodaw as Global Head of FX Exchange
Redline Trading Solutions, a provider of high-performance market data and order execution systems for automated trading, has named Andrij Wowkodaw as global head of foreign exchange. Wowkodaw brings over 15 years of buy-side and sell-side electronic and algorithmic trading experience to Redline. Most recently, he was director of eFX quantitative analysis at Scotiabank. Before that, Wowkodaw held trading and portfolio management roles at AXE Capital Management, Eagleview Capital Partners, First New York Securities,
and Millennium Partners.
Luminex Adds Financial and Technology Professionals
Luminex Trading & Analytics, a buy side-owned trading venue delivering efficient, low-cost block executions, has hired three financial and technology professionals to meet growing engagement with its platform by its community of investment management firms. Joshua Reed has joined as a sales and relationship manager, Joshua Opper as director of infrastructure, and Robin Burr as a software engineer. Since launch in November 2015, trading among Luminex’s participants has grown steadily.
DTCC Promotes Lynn Bishop to CIO
DTCC has appointed Lynn Bishop as chief information officer with responsibility for the ongoing development and testing of the technology that supports DTCC’s post-trade infrastructure, communications networks, processing and messaging systems, as well as the IT applications underlying DTCC’s products and services. Bishop is a member of the firm’s management committee and reports directly to DTCC CEO, Michael Bodson. She was previously DTCC’s chief development officer (CDO) and, before that, chief technology officer.
Mark Hemsley Plans Retirement from Cboe in 2020
Mark Hemsley, executive vice president at Cboe Global Markets and president
of Cboe Europe, is planning to retire from the company at the end of February 2020. David Howson, chief operating officer of Cboe Europe since 2013, will succeed Hemsley and assume his roles on January 1, 2020. Hemsley was a founding employee of Bats Europe in 2008 and in 2011 led the transformative acquisition and integration of Chi-X Europe, creating a leading stock exchange group in Europe. Bats was acquired by Cboe Global
Markets in 2017, when Hemsley took his current role.
TP ICAP Appoints Ex RBC Capital Markets MD as Head of Strategy
TP ICAP has appointed Joanna Nader as global head of strategy. She was previously managing director at RBC Capital Markets, where she was head of diversified/speciality financials research, covering a number of companies including TP ICAP. Before joining RBC Capital Markets, Nader spent nearly 10 years as the chief investment officer of JRJ Group, a private equity firm focused on financial services.
BMLL names OSTC CEO Lee Hodgkinson as non-exec director
BMLL Technologies, a data-engineering-as-a-service company, has named Lee Hodgkinson, CEO of OSTC, a global derivative trading and education firm, as chairman of the board. He becomes a non-executive director land will use his practical industry and exchange experience to support BMLL’s existing data engineering and analytics capabilities, as well as its ambitions to provide more capital markets participants with data access and advanced analytics capacity. The appointment follows the recent launch of BMLL’s Derived Data Service.
Moody’s Names Senior Executives
Moody’s Corporation has named Robert Fauber, currently president of Moody’s Investors Service (MIS), to the new role of chief operating officer of Moody’s Corporation. Fauber will drive the company’s strategic initiatives to maximize the company’s strengths and position it for the next stage of growth. Moody’s has also named Michael West to succeed Fauber as president of MIS and Stephen Tulenko as president of Moody’s Analytics. All three appointments are effective November 1, 2019. Tulenko succeeds Mark Almeida, who has served as president of Moody’s Analytics since it was launched in 2008.
Moody’s Names Head of Diversity and Inclusion
Moody’s Corporation has named DK Bartley as managing director and head of diversity & inclusion (D&I) with responsibility for leading the company’s global D&I programmes in support of its diverse workforce and commitment to an inclusive culture. Bartley joins Moody’s from Dentsu Aegis, a media and digital marketing company, where he served as senior vice president and head of D&I, and was responsible for the company’s global D&I strategy and talent acquisition.
Virtu Expands Executive Team
Virtu Financial has announced new executive hires and changes to its leadership team. Brett Fairclough has been promoted to chief operating officer and global head of business development; Alex Ioffe will join the company as chief financial officer effective September 30, 2019; and Marc Rosenthal joins the executive team from Morgan Stanley’s equity division as executive vice president of strategy and corporate development.