SGX FX announced today (Tuesday) on LinkedIn the appointment of Hugh Whelan as the new Head of Liquidity Management and Data Strategy.
Whelan brings experience from his previous role at EBS, where he played a key role in launching and developing EBS Direct into a notable foreign exchange (FX) trading platform.
Expertise in FX Industry
Whelan's career at EBS began in November 2013, where he served as Head of EBS Direct FX Trading Platforms until June 2024. In this position, he led the establishment of EBS Direct, a bilateral FX trading venue offering spot, forwards, swaps, and metals under ICAP Plc. Whelan successfully managed its transition to NEX Group and its integration into the CME Group in 2018.
During his tenure at EBS, Whelan oversaw a global team focused on commercial success, client acquisition , business growth, and product innovation across three trading venues: EBS Direct, EBS Select, and EBS Institutional. He worked to build strategic partnerships with liquidity providers, technology service providers, software firms, and other trading venues.
SGX FX states on their post: “In this new role, Whelan will lead the strategic growth of our Liquidity Provider client segment and data products, focusing on building strong relationships with banks, brokers, and financial institutions. He will also drive innovation to enhance our platform and better serve the LP community.”
Diverse Experience in Financial Leadership
Whelan's leadership contributed to EBS Direct being recognized as a preferred platform for low-latency, relationship-based FX trading.
Under his guidance, the platform improved global liquidity management and advanced post-trade cost analysis, enhancing execution experiences for a diverse clientele, including banks, hedge funds, asset managers, and buy-side firms.
In addition to his role at EBS, Whelan served as Chairman of Twickenham Lawn Tennis Club for 6 years. He was also a Chairman Advisory Board member for TeachTennis-International for about 4 years, and a Non-Executive Director at Brickendon Consulting for over a year. Whelan co-founded FXSpotStream LLC, serving as a Non-Executive Director for 3 years.
