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CloudMargin Promotes Armando Hernandez to Expand Presence in North America

London-based CloudMargin, provider of a collateral and margin management solution native to the cloud, has promoted Armando Hernandez to the new role of executive director, head of North America. Hernandez joined CloudMargin in September 2018 as director of new business development for North America. In his new role, reporting to CEO Stuart Connolly, Hernandez takes responsibility for the entire North American operating unit, including sales, relationship management, partnerships and client onboarding. He will also join the executive leadership team, heading up the company’s push into North America where it established a presence less than four years ago.

LiquidityBook Adds to EMEA Client Service Team

LiquidityBook, a provider of Software-as-a-Service (SaaS) trading solutions, has named two London-based hires for its EMEA client service team. James Pearson joins from Schneider Trading Associates, where he most recently served as head of IT and takes on the role of technical implementation analyst; while Abdullah Al Nasiri joins from Fidessa to serve as a client services analyst. The hires have been made as LiquidityBook sees an increasing number of fund managers abandoning legacy technology in favour of web-based systems such as its own.

LSEG Names Arne Staal Head of Research and Product Management, Information Services

London Stock Exchange Group (LSEG) has named Arne Staal to the newly created role of head of research and product management in its Information Services Division (ISD). Staal will lead the two complementary areas of ISD, linking up research and thought leadership with product strategy and development. Staal joins LSEG from Aberdeen Standard Investments where he served as global head of macro systematic strategies and macro risk. Previous roles include head of product research and innovation at BlackRock for iShares, European head of index products and strategy at Barclays Capital; and head of quantitative strategies at Standard Life Investments.

Charles River Development Names Spiros Giannaros as President

Charles River Development, a State Street company, has named Spiros Giannaros as president with responsibility for day-to-day operations of the company including product, development, sales and services for the Charles River Investment Management Solution. Giannaros will report to John Plansky, CEO of Charles River and leader of State Street Global Exchange and State Street AlphaSM. Most recently, Giannaros was executive vice president and head of platform strategies at State Street. Prior to that, he served as global head of enterprise data management and thinkFolio as a partner at IHS Markit.

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.