Because it strikes to proceed to develop its enterprise and market share within the Far East, institutional FX dealer and liquidity supplier LMAX Trade Group has introduced the appointment of Quentin Miller (pictured above) to the newly created place of Head of Institutional FX for Asia Pacific.
Quentin Miller will likely be based mostly in Singapore. He will likely be answerable for rising the LMAX Trade institutional enterprise within the area and can report back to Scott Moffat, the Managing Director for Asia Pacific at LMAX Trade.
Quentin Miller brings in depth FX trade expertise and regional experience to LMAX Trade, becoming a member of from Normal Chartered PLC (LON:STAN) the place he was Govt Director of eTrading in Singapore. His banking and buying and selling profession additionally consists of senior roles at Commerzbank, RBS, JP Morgan Chase in Singapore and London.
This appointment additional enhances LMAX Trade distribution capabilities within the institutional consumer section and builds upon the already established regional presence, which features a matching engine in Tokyo (TY3) in addition to a gross sales and operational hub in Hong Kong.
Commenting on the appointment, Scott Moffat, Managing Director Asia Pacific at LMAX Trade mentioned:
We see an enormous alternative within the area for LMAX Trade amongst banks, brokerages, funds and asset managers. Pushed by trade initiatives and regulatory reforms, the market is shifting in direction of agency liquidity as purchasers require transparency, precision and consistency in execution. Moreover, solely buying and selling on a central restrict order e book with streaming no ‘final look’ liquidity permits institutional traders to have full management of their buying and selling methods and their execution prices. Given such progress potential for LMAX Trade within the trade, Quentin’s wealth of expertise of the regional institutional market will likely be a serious asset for our progress in Asia Pacific.