FTX US, a US-regulated cryptocurrency exchange, has appointed Mark Wetjen, a former US regulatory official, as head of policy and regulatory strategy. Wetjen served as a commissioner at the Commodity Futures Trading Commission between 2011 and 2015 and acting chairman in 2014 before joining DTCC as managing director and head of global public policy. More recently he was the head of MIAX Futures, the fledging futures business of options market operator MIAX Holdings. He also served on the board of directors of LedgerX, the first licensed crypto-native derivatives exchange in the US, which was recently acquired by FTX US and rebranded as FTX US Derivatives. Wetjen will lead FTX US's communications with regulatory and legislative bodies such as the CFTC, the Securities and Exchange Commission, and various House and Senate committees.
Joshua Frost has been nominated to serve as assistant secretary of the Treasury for financial markets, and in October testified before the US Senate Committee on Finance as part of his nomination process. Frost has more than 20 years of experience in a variety of roles at the Federal Reserve, including more than 12 years at the central bank's open markets desk.
JP Morgan has appointed Vijay Kasilingam as its new head of CCP credit risk and strategy for the EMEA region. Kasilingam joins from HSBC where he most recently handled trading facilities and CCP management under HSBC’s markets securities services. Prior to joining HSBC in 2017, Kasilingam worked at Deutsche Bank for nine years, first as a project manager for liquidity risk and later handling credit risk for clearinghouses and exchanges. He also worked as a credit analyst at Pershing, a BNY Mellon company.
Cboe Global Markets has added to its data and access solutions management team with the appointment of Bo Chung as senior vice president, global sales and index licensing. Chung previously served as an independent strategic advisor to select start-ups in the early and growth stages, and before that was global head of sales and relationship management at S&P Dow Jones Indices, where he worked for more than two decades. In addition, Michael Hollingsworth has been promoted to vice president, global head of risk and market analytics, and Geralyn Endo has been promoted to vice president, global data and access solutions client engagement.
Euronext has announced that the board of directors of Borsa Italiana and the supervisory board of Euronext N.V. have nominated Fabrizio Testa, currently CEO of the group's bond trading platform MTS, as the chief executive officer of Borsa Italiana, and as head of fixed income trading for the group and member of the managing board of Euronext N.V., subject to regulatory and shareholders approvals. Raffaele Jerusalmi will step down from his position as CEO of Borsa Italiana as of 28 November, by mutual consent. Testa will step down from his position as CEO of MTS during Q1 2022. Angelo Proni has been appointed by the board of directors of MTS to succeed Testa.
John McKinlay has joined Options Clearing Corporation as executive principal and associate general counsel. He was previously director and assistant general counsel at CME Group.
Amber Group, a crypto financial services firm based in Hong Kong, has appointed Angie (DiCarlo) Beehler as its North American head of business development. Beehler was previously senior vice president of FICC sales and relationship management at Citadel Securities. She also served as the global head of data strategy and acquisition for Citadel's asset manager. Before that, she spent nine years at CME Group, where she was head of North American hedge fund sales.
Axelle Roosen has joined Montreal Exchange as director of derivatives client relationship management for the US, based in New York. Previously Roosen worked at Natwest Markets, most recently as head of FX prime brokerage and futures US. At Montreal Exchange, she reports to Robert Domanko, managing director, client relationship management.
Sérgio Gullo, managing director, international business development, Asia and Oceania at Brazilian exchange B3, has moved from London to B3's Singapore representative office.
Jason Silverstein has joined Pimco as senior vice president and senior counsel in the firm's legal division. He previously was a managing director and associate general counsel at the SIFMA Asset Managers Group.
Michael Cugini has joined Coinbase, the cryptocurrency exchange platform, as a senior manager, institutional account management, based in New York. He joins from Credit Suisse where he was a director and head of global client solutions, responsible for the design and implementation of futures post-trade workflow.
Former CFTC lawyer Petal Walker is joining the consulting arm of Deloitte as a managing director, risk and financial advisory/regulatory and legal support. She previously worked at the law firm WilmerHale where she was special counsel for the past four years. Prior to WilmerHale, Walker was chief counsel to Commissioner Sharon Bowen at the CFTC, where she advised on policy and enforcement issues and led the agency's Market Risk Advisory Committee.
SteelEye, a London-based compliance technology and data analytics firm, has appointed Brian Lynch as president of its new US arm. Working closely with CEO Matt Smith, Lynch will be responsible for establishing and leading SteelEye’s expansion in the North American market. Lynch was previously global head of regulatory reporting services at Bloomberg. Before that he co-founded and was CEO of Regtek Solutions, which Bloomberg acquired in 2019. He also worked at UBS for several years, most recently as global COO, equity swaps/delta one trading and sales.
The Bank for International Settlements has made three senior appointments to its BIS Innovation Hub, expanding its network to support central bank collaboration on new financial technology. Francesca Hopwood Road will lead the Hub’s London centre. She is currently head of regulation technology and advanced analytics at the UK’s Financial Conduct Authority. Beju Shah will head the Nordic centre, based in Stockholm. He is presently special advisor for digital innovation at the Bank of England. BIS has also appointed Miguel Díaz to run the Toronto centre. He is currently general director of payment systems and market infrastructures at the Bank of Mexico. The trio will begin their new roles in early 2022. The London and Nordic centres were both launched in June, while the Toronto centre will open in 2022 in collaboration with the Bank of Canada.
Charlotte Crosswell has been appointed the new chair of the UK's Open Banking Implementation Entity, a group established by the UK’s nine largest banks to manage the rollout of open banking regulation. Crosswell previously led the fintech membership group Innovate Finance for four years. Before that, she worked at the London Stock Exchange and Nasdaq in senior leadership roles, including CEO of Nasdaq’s derivatives trading market.
Lucy Hynes has joined the office of US Sen. Debbie Stabenow, chair of the Senate Committee on Agriculture, Nutrition, and Forestry. Hynes will be working on derivatives policy and other issues of interest to the committee, which has oversight over the CFTC. She previously worked at the CFTC, most recently serving as special counsel to Commissioner Dan Berkovitz.
Trading systems provider QuantHouse has made senior leadership changes as part of its ongoing integration into software provider Iress. CEO and co-founder Pierre Feligioni has left QuantHouse to pursue new ventures. Arthur Tricoire has been appointed general manager, commercial and Sebastien Tiphine has moved to head of products. Other roles include the appointments of Denery Fenouil as head of engineering, Anna Pesman as head of client services, and Salloum Abousaleh as managing director, Americas.