Trading Places: Big Lenders See Shuffling, GAIN’s GTX Unit Adds Hire

Monday, August 1

Mark Davison and Michael Higgins, Coronam

Last week, ., a group specializing in multiple asset classes and risk management solutions – the development constitutes the latest partnership between the two executives, which has now seen the two executives working in tandem at multiple stops.

Thomas Reichel, GAIN Capital

GAIN Capital’s institutional trading focused GTX unit . The expertise which the newest hire brings on board is focused on companies which are engaged in proprietary trading. Thomas Reichel joined the company after serving at HotspotFX for over 10 years. He will continue to be based in Chicago and will be reporting to John Miesner, effectively restoring a long serving due at Hotspot FX.

Dominic Stevens, ASX

ASX Board . He has served on the board since 2013 and steps into the new role with immediate effect. The appointment follows after the departure of the ASX’s former Managing Director and CEO, , who had been with the company since 2011.

Tuesday, August 2

Nadav Avidan, eToro

After over three years at eToro, its now former Head of Communications, PR and Marketing Nadav Avidan moved on, . The rapidly growing global communications company which has a multi-platform solution for messaging and voice calls has appointed him as Global PR Lead.

Justin Wood, Stone Coast Fund Services

after spending two years at the company. In his newest role, he joined Stone Coast Fund Services as a business analyst. The company is specializing in delivering fund administration services to onshore and offshore hedge funds.

Ted Yang, XTX Markets

XTX Markets continued its focus on expanding the company’s footprint across Asia Tuesday – . Mr. Yang joined after serving as Head of Technical Implementation Management in the APAC region at Tower Research. His tenure at the firm lasted a bit over a year with a much longer career at Samsung futures in Korea.

Brian Smith, Axioma

Axioma opened its new Australian office last week, . In his new role as the Head of Australia and NZ, Mr. Smith will be based out of Melbourne, where he will be reporting to Olivier d’Assier, Axioma’s Asia-Pacific (APAC) Managing Director. The new appointment is Mr. Smith’s first promotion at Axioma since joining the group in 2014.

Wednesday, August 3

Nick Mortimer, MahiFX

MahiFX expanded its team with a new senior hire, in the newly expanded role of Head of Retail Sales. Mr. Mortimer joined MahiFX’s rapidly growing retail division – as its Head of Retail Sales he will be tasked with overseeing and culturing the development of its retail capabilities, which also will look to capture benefits and growth for its institutional clients as well.

Robert Godber, RBS

RBS lost one of its longest tenured executives last week, , one of the lenders’ UK subsidiaries. Mr. Godber had previously served as the group’s Managing Director, having originally joined the group back in 1984. Over the next three decades he worked across a number of RBS’ divisions, including most recently as one of the co-heads of Financial Institutional Sales in Europe, Middle East, and Africa (EMEA) – a position he stepped into in 2013.

Mark Hepsworth, Asset Control

Asset Control tapped Mark Hepsworth as its . He is based out of the group’s London headquarters with his appointment following on the heels of several new product launches, which have targeted banks and regulatory reporting standards. In his new role he will have a mandate to lead and foster Asset Control’s overall company strategy.

Thursday, August 4

James Neisse, Rothschild & Co

Rothschild & Co Group as its Head of Rothschild & Co North America. The hiring was part of Rothschild’s plans to expand its deal advisory business in the U.S. M&A market, where volumes surged to a record last year and continue to be relatively robust.

Friday, August 5

Ray Kahn, Barclays

Barclays lost one of its top clearing members in the United States with the , its Global Head of Risk, and the group’s longtime senior executive. Mr. Kahn had served in some of the most high profile positions at Barclays in New York for nearly eight years. During his tenure, he has helped Barclays push multiple new rules immediately following the financial crisis that have helped benefit the bank – he had been with Barclays since 2008.

Andrea Gazzani, Commerzbank

Last Friday, to join Commerzbank, the latest shuffle at a big bank’s foreign exchange (FX) unit. He joined Commerzbank as its Vice President (VP) of FX Institutional Sales, to be based out of the lender’s London branch.

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