Trading Technologies Appoints Justin Llewellyn-Jones as CEO, Keith Todd Becomes Deputy Chairman

Trading Technologies International, Inc. (TT), the global capital markets platform services provider, has announced the promotion of Justin Llewellyn-Jones to Chief Executive Officer, effective 31 March. He succeeds Keith Todd, who will remain on the Board of Directors as Deputy Chairman.

Llewellyn-Jones joined TT as Chief Operating Officer in January 2024, bringing three decades of experience in fintech and financial services. Before TT, he was Chief Product Officer at Broadridge and previously led North American Capital Markets operations in Equities, FX, and Derivatives. His career includes leadership roles at ION and Fidessa, where he served as Global Head of Derivatives and COO Americas. He also held positions at NatWest and ADP-Wilco earlier in his career. His extensive industry experience positions him to lead TT in its next phase of growth.

LMAX Exchange Appoints Daniel Lavigne as Head of Buy-Side Sales, Canada

LMAX Exchange, the global institutional FX exchange operator and part of LMAX Group, has appointed Daniel Lavigne as Head of Buy-Side Sales, Canada. His addition strengthens the company’s global sales and product coverage as it expands its FX trading and liquidity solutions.

Lavigne brings over 25 years of buy-side experience and extensive industry relationships. He previously served as Director of Trading at OMERS (Ontario Municipal Employees Retirement System), overseeing FX trading and products. Reporting to Franz Schmidpeter, Global Head of Buy-Side Sales, Lavigne will play a key role in enhancing LMAX Exchange’s market presence in Canada.

Taskize Appoints Glen Sinclair as Head of Client Management

Taskize, the Euroclear-owned investment operations collaboration platform, has strengthened its leadership team with the appointment of Glen Sinclair as Head of Client Management. Based in London, Sinclair will oversee client account operations, support existing clients, and manage new client onboarding. His appointment follows a period of growth for Taskize, which now serves over 600 financial institutions across 88 countries.

Bringing more than 20 years of experience in financial services, Sinclair has expertise in OTC operations, regulation, and technology-driven transformation. He joins from FINBOURNE Technology, where he specialised in data management solutions. His career also includes leading middle office teams at First Chicago and NatWest Markets, as well as consulting on infrastructure transformation in interest rate swaps and credit default swaps.

Tradu Appoints Philip Manning as New Chairman

Tradu, the multi-asset trading platform, has announced the appointment of Philip Manning as its new Chairman. With over 45 years of experience in consumer banking and financial services, Manning has held key leadership roles, including Chairman of the Audit & Risk Committee at Stratos Markets Limited, which operates under the FXCM and Tradu brands.

Manning also serves as a Non-Executive Director at The Valesco Group and has previously held senior positions at ADIB (UK) Limited and Citigroup, where he managed business development across 42 countries. He played a significant role in the establishment of MBNA Europe. A Fellow of several professional institutes, his expertise is widely recognised. Beyond finance, Manning has mentored entrepreneurs through The Princes Trust and continues to support business development initiatives.

Tradu Appoints Philip Manning as Chairman

Tradu, the multi-asset trading platform, has appointed Philip Manning as its new Chairman. With over 45 years of experience in consumer banking and financial services, Manning has held key leadership roles, including Chairman of the Audit & Risk Committee at Stratos Markets Limited, which operates under the FXCM and Tradu brands.

Manning also serves as a Non-Executive Director at The Valesco Group and has an extensive career spanning Citigroup, where he managed strategy across 42 countries, and ADIB (UK) Limited, which he founded. He played a crucial role in establishing MBNA Europe. A Fellow of multiple prestigious industry institutes, Manning’s expertise is widely recognised.

Beyond finance, he has actively mentored entrepreneurs through The Prince’s Trust and continues to support emerging businesses.

IPC Appoints Tito Singh as Chief Revenue Officer to Lead Global Growth Strategy

IPC, the in trading communications and financial market connectivity vendor, has named Tito Singh as its Chief Revenue Officer (CRO). In this role, Singh will spearhead the company’s global revenue growth strategy, overseeing sales, marketing, customer success, and sales operations to enhance client value and drive innovation in IPC’s solutions and services.

Singh brings over 20 years of experience in revenue growth and leadership, having held key roles such as Chief Customer Officer at MarketsIO and CRO at InvestCloud Financial SuperMarkets, where he significantly grew revenues and secured major enterprise deals. He also held senior positions at S&P’s CRISIL and Refinitiv, where he led financial and risk solution sales for the Americas.

Kurt Adams, CEO of IPC, commented: “I’m pleased to welcome Tito to IPC at such an exciting time for our company. Tito’s deep expertise in scaling revenue operations and his strategic approach to market expansion make him the ideal leader at this time. Under his leadership, IPC will continue to deepen our value proposition, strengthen client relationships, and achieve accelerated growth.”

At IPC, Singh will focus on advancing the company’s go-to-market strategies, ensuring a seamless client experience, and addressing the evolving needs of the financial markets with innovative solutions.

“I’m honoured to join IPC at this key point in the company’s transformation,” said Singh. “IPC’s commitment to innovation and client-centric solutions is unparalleled. I look forward to working with the talented team at IPC to drive growth and deliver exceptional value to our clients across the globe.”

London Stock Exchange Group Appoints Susi de Verdelon as CEO of LCH Limited

The London Stock Exchange Group (LSEG) has appointed of Susi de Verdelon as CEO of LCH Limited, effective February 2025, pending regulatory approval. Reporting to Daniel Maguire, Group Head of LSEG Markets and CEO of LCH Group, de Verdelon succeeds Isabelle Girolami, who has served as CEO since November 2019.

Susi de Verdelon has been with LCH Limited since 2017 and currently leads LCH SwapClear and Listed Rates as Group Head, overseeing growth and operational resilience. Before joining LCH, she held senior roles in Sales & Strategy at Goldman Sachs’ Securities Division.

Daniel Maguire, Group Head, LSEG Markets, and CEO of LCH Group commented: “I’m delighted that Susi will be assuming the role of CEO, LCH Limited. As Group Head of LCH SwapClear & Listed Rates, she has driven growth and expansion into new markets, extended LCH Limited’s position in the rates market during benchmark reform, and most recently re-launched the Listed Rates service. I look forward to continuing to work with Susi as we expand our multi-asset class offering and deliver new products and services.”

Susi de Verdelon added: “I am excited by the opportunity to become the CEO of LCH Limited. This role has tremendous responsibility, and I am committed to driving forward our strategic vision, fostering a culture of excellence, and strengthening our position as a market leader in risk management. I look forward to working with the team to deliver more innovation and efficiencies to our customers, regulators, and the markets we serve.”

Droit Appoints Somerset Pheasant as Chief Strategy Officer to Drive Growth and Partnerships

Droit, provider of computational law and regulatory solutions, has named Somerset Pheasant as its Chief Strategy Officer. In this newly created role, Pheasant will lead the development and execution of the firm’s strategic initiatives, focusing on growth acceleration, partnership engagement, and alignment with client needs.

Pheasant’s appointment comes after a significant year for Droit, marked by key product launches. In 2024, Droit partnered with FINBOURNE to deliver a comprehensive position reporting solution and introduced its Exchange Traded Derivatives (ETD) Reporting product to enhance regulatory transparency for listed derivatives. The company plans further advancements in regulatory solutions for both buy-side and sell-side clients in 2025.

Pheasant brings over 15 years of financial industry experience, including his role as Managing Director at Goldman Sachs, where he led strategic investing and managed a $500 million portfolio. He previously served on Droit’s board from 2016 to 2023, contributing to its growth and strategic direction.

Brock Arnason, Founder and CEO of Droit, commented: “We have enjoyed a longstanding and productive relationship with Somerset. His experience as a member of the Droit board as well as within strategy and investing at Goldman Sachs will be invaluable as we embark on the next stage of our corporate growth plan. We look forward to the contribution he will make as part of the leadership of Droit.”

Somerset Pheasant, Chief Strategy Officer of Droit, added: “Droit has a proven ability to help financial institutions meet their regulatory obligations in the complex and evolving environment within which they operate. That, and the innovation that underpins this, has set Droit apart since the start of my engagement with the company back in 2016, and it continues to do so. I look forward to bringing my experience to bear as Droit continues to refine its strategy and expand the range of solutions which enable clients to navigate the challenges of ongoing global regulatory change with consistency, clarity and accuracy.”

Target Group Appoints Scott Hill as CIO to Drive IT Strategy and Digital Transformation

Target Group, the provider of business process services and digital transformation solutions, has appointed Scott Hill as its new Chief Information Officer (CIO). Hill brings over 25 years of IT industry experience, having led large-scale digital transformation projects across financial services, utilities, education, and retail sectors. His career includes senior roles at Accenture, Circle, The White Company, and most recently, Diageo, where he oversaw global website transformation initiatives.

In his new role, Hill will drive Target’s IT strategy to enhance digital capabilities and meet the evolving needs of clients across various sectors. Hill’s appointment reflects Target’s commitment to delivering cutting-edge innovation and expanding its digital transformation services.

Exegy Appoints Jim Fiesel as Chief Revenue Officer to Drive Growth and Innovation

Exegy, the market data and trading technology provider, has appointed Jim Fiesel as Chief Revenue Officer (CRO). Fiesel, previously Managing Director of the Americas at Broadridge, brings extensive expertise from leadership roles at Bloomberg, Tradeweb, and Finastra. Exegy’s 64% sales growth in 2024 highlights its momentum, which Fiesel aims to accelerate drawing on his deep market knowledge and proven track record in delivering innovative client solutions.

In 2024, Exegy made significant strides in its low-latency trading technology, notably nxFramework, enabling FPGA-based development with record-breaking trade execution latency of 13.9ns.

Commenting on the appointment, David Taylor, CEO of Exegy, said: “We are delighted to welcome Jim to our world-class team. His proven ability to build and lead successful teams that deliver real value to clients will be instrumental in helping us achieve our goals. Our sharp focus on delivering superior client experiences directly contributed to our success in 2024. Recruiting Jim represents a doubling-down on our investment in strengthening our client partnerships.”

Fiesel added: “I’m thrilled about the future of the Exegy product suite, especially our next-generation enterprise market data solution that integrates proven technologies and services from Exegy, Enyx, and Vela. This innovative offering was a key factor in my decision to join Exegy and I’m eager to help our clients capitalize on these exciting advancements.”