The electronic trading firm Edgewater Markets has added two senior professionals to its leadership team. Raja Thakur has joined the company as the Director of Institutional Sales. Additionally, Ben Rogan has come on board as an Executive Director and the Head of Compliance for Edgewater Markets London, the firm's UK entity regulated by the Financial Conduct Authority (FCA).

Edgewater Markets Expands Leadership Team

Thakur brings nearly 20 years of experience across institutional sales, trading, and prime brokerage services. “I look forward to leveraging my experience and insights to drive value for our institutional clients and contribute to the continued success of the company,” he commented.

In addition, Rogan has an extensive background in regulatory compliance, trading infrastructure, and financial services. According to the company's announcement, he will ensure Edgewater Markets' offerings meet and exceed regulatory standards globally.

“It is a fantastic opportunity to join Edgewater Markets London and contribute to our Prime UK offering,” said Rogan.

The two appointments come as Edgewater Markets aims to expand its electronic trading and workflow automation solutions for institutional foreign exchange market participants.

“We are delighted to welcome Raja and Ben to the Edgewater family,” said Emanuel Georgouras, the CEO of Edgewater Markets UK. “Their deep expertise and industry knowledge will be invaluable assets as we continue to innovate and deliver best-in-class solutions to our clients worldwide.”

The decision follows a series of strategic appointments made by Edgewater a year ago. First, Chan Chong San joined as the Managing Director for the Asia Pacific region, followed by the appointment of Andres Cifuentes as Global Head of Liquidity.

Edgewater’s Middle East and UK Expansion

Edgewater Markets expanded its geographical footprint in 2023. In August, the company launched foreign exchange trading technology services for the currencies of the Gulf Corporation Council (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE) as well as Egypt. The goal of this launch, according to a statement, is to eliminate intermediaries and facilitate direct trading relationships with local banks. Through these efforts, Edgewater aims to bring greater efficiency and innovation to its offerings across the Gulf region.

Weeks prior, Edgewater Markets had gained a foothold in the UK by securing a license from the FCA to operate as Edgewater Markets Limited. This regulatory approval reinforces the company's position in the UK and Europe. Additionally, it welcomed Emanuel Georgouras as the new Chief Executive to head up its UK-based business.

Edgewater Markets provides electronic FX liquidity, automated workflow tools, and algorithmic execution services to asset managers, hedge funds, banks, brokers, and other institutional market participants. The company says its focus is on technological innovation, reliability, and client service.