The U.K. Financial Conduct Authority named Robert Mass, head of international compliance and global head of securities division compliance at Goldman Sachs, as chairman of its markets practitioner panel, which represents the industry perspective in the U.K. regulatory framework. He succeeded Paul Swann, the head of ICE Clear Europe.
The Securities and Exchange Commission named Heather Seidel as chief counsel in the agency’s division of trading and markets. Seidel was previously an associate director in the division’s office of market supervision. The SEC also named David Grim as acting director of the division of investment management. He replaced Norm Champ, who left the SEC at the end of January. Grim has been the division’s deputy director for the past two years.
Mary John Miller, former under secretary for domestic finance at the U.S. Treasury Department, was appointed as a director of the ICE Benchmark Administration, the U.K.-based subsidiary of Intercontinental Exchange that administers the LIBOR benchmark. Miller will serve as chair of the nomination committee for IBA. Other IBA board members are André Villeneuve, who is chairman; Joanna Perkins, who is chair of the LIBOR oversight committee; Michel Prada, who is chair of the audit risk committee; David Goone, chief strategy officer of ICE; and Finbarr Hutcheson, president of ICE Benchmark Administration.
Bats Global markets named Chris Concannon chief executive officer. He succeeds Joe Ratterman, who has served as CEO for the past eight years and will now serve as chairman of the board. Since December 2014, Concannon has been President of BATS and prior to that he was an executive at Virtu Financial.
Peter Johnson stepped down from his position as global head of futures, OTC clearing and FX prime brokerage at Bank of America Merrill Lynch. His responsibilities have been taken over on an interim basis by two executives: Denis Manelski, global head of G-10 FX trading, and Paul Simpson, head of global equities asset management services.
Deutsche Bank appointed Steven Rubel as global head of collateral operations and Americas head of markets clearing and listed derivatives operations. Rubel, who is based in New York, previously worked at AIG as global head of collateral management and global capital markets treasurer.
Tradition, an interdealer broker, appointed John Wilson as managing director in the firm’s strategy and business development unit. Prior to joining Tradition, Wilson was global head of OTC clearing at Newedge. Dan Torrey joined Tradition’s strategic development team to focus on electronic trading initiatives. He was previously head of sales for Americas at EBS. Rob Mountain will lead the North American business development division of Trad-X, Tradition’s hybrid interest rate swaps platform. Mountain was previously at BGC Partners and State Street.
Alberto Pravettoni, head of LCH. Clearnet’s repo and exchanges business, stepped down after seven years at the clearinghouse. No direct replacement has been announced. Cecile Nagel remains as global head of equities and Bruce Kellaway as global head of fixed income. Both report to Michael Davie, the group chief operating officer.
Magnus Böcker, chief executive officer of Singapore Exchange, is leaving his post at the end of June. He has been CEO of SGX since 2009. The SGX board has begun its search for a successor.
SGX appointed Lawrence Wong as head of SGX’s China business. He is responsible for building the exchange’s business and relationships in China. In addition he will continue to head the exchange’s listings business.
Multi Commodity Exchange of India appointed Balasubramaniam Venkataramani as managing director and chief executive officer, subject to regulatory and shareholder approval. He is currently chief business officer of the Bombay Stock Exchange.
Euronext appointed Maurice van Tilburg as chief executive officer of Euronext Amsterdam. He replaced Cees Vermaas, who stepped down last August. Van Tilburg previously was head of business projects and design of the European equity and equity derivatives markets at Euronext. He is a member of the managing board of Euronext and reports to Dominique Cerutti, group CEO.
Trading Technologies appointed Brian Mehta chief marketing officer. Mehta reports to Rick Lane, CEO. He was previously head of North America marketing at Motorola Mobility.
Intercontinental Exchange named Chris Rhodes as head of interest rates for ICE Futures Europe and Gordon Bennett as managing director of utility markets also at ICE Futures Europe. Rhodes and Bennett both report to Chris Edmonds, senior vice president of ICE financial markets. Rhodes, who was previously partner and senior trader at Arc Derivatives, is responsible for developing ICE’s European interest rate contracts. Bennett, who was formerly the global head of energy at Marex Spectron, is responsible for sales and business development for natural gas, power and emissions markets in Europe.
The OCC named Scot Warren executive vice president of business development and in charge of the Options Industry Council. Warren has 25 years of experience in equity and equity derivatives markets, most recently serving as senior managing director of equity products and index services at CME Group. At CME Warren led the company’s entry into index services via the acquisition of Dow Jones Indices. The OCC also named David Prosperi first vice president of public relations, responsible for media relations and external communications. Prosperi was most recently vice president of global public relations at AON. Earlier in his career he worked at CME Group and the Chicago Board of Trade.
FIA Technology Services, the technology services utility owned by FIA, promoted Erin Kairys to product support manager. Her new responsibilities include overseeing FIA Tech’s business and product support operations and the relationship management staff. The EGUS, eGAINS, eRECS and OCR support teams in Washington, D.C. will report to her. FIA Tech also promoted Tori Vogel to relationship manager. Her responsibilities include providing business support for FIA Tech’s brokerage services/products, and contributing to strategic projects as needed.
In memoriam
FIA is saddened to report that Ivers Riley, former chairman of International Securities Exchange Holdings, passed away. In 2005, he was inducted into the FIA Futures Hall of Fame for his leadership in transforming the options markets. He helped create the first exchange-traded fund products known as SPDRs and helped lead the industry toward electronic trading. During his career he held senior positions at the Chicago Board Options Exchange, the New York Stock Exchange and the American Stock Exchange. As the head of the Hong Kong Futures Exchange, he played a critical role in developing best practices for exchanges in the wake of the Barings crisis.
FIA is also saddened to report that Harvey Goldschmid, a former commissioner of the Securities and Exchange Commission, passed away. He served as general counsel of the SEC from 1998 to 1999 and as a special senior adviser to former SEC Chairman Arthur Levitt in 2000. He was an SEC commissioner from 2002 to 2005.
