Kevin Gillespie, a longtime forex sales executive, has taken up a new role at the financial services company Nomura’s digital asset subsidiary, Laser Digital. The new role involves forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term distribution, Gillespie announced today (Monday) on LinkedIn.

A Forex Sales Veteran

Nomura launched Laser Digital in September last year and incorporated the business in Switzerland. The new subsidiary focuses on secondary trading, venture capital and investor products.

Gillespie brings over 30 years of industry experience to the new role. In the past three decades, he has worked for companies, such as Spotex, Cobalt, BATS and Knight Capital Group.

The senior executive joins Laser Digital after spending 16 months at the New York-headquartered asset management firm, Menai Financial Group where he helped built client partnerships in London. The new role is also based in London.

Before joining Menai in April last year, Gillespie was the Director of Institutional Sales at Spotex. Previously, Gillespie served in a sales and business development role at Cobalt between 2017 and 2019. Furthermore, Gillespie spent over two and half years at BATS Global Markets, serving as the Director of FX Sales. In this role, he helped the company grow its Hotspot FX marketplace (which was later rebranded to Cboe FX).

However, his longest career stint was at Knight Capital Group (a market maker later acquired by Getco LLC in 2013) between 2007 and 2015. He served the firm for over eight years as the Vice President of FX Sales.

In 2003, Gillespie was appointed as the Head of New Business Development at IFX Markets. He had moved to IFX Markets from his role as a Senior Dealer at the defunct firm, Banca di Roma in May 1997.

Between 1988 and 1997, Gillespie fulfilled three consecutive roles: he became an FX Dealer at the Japanese financial institution, Bank of Yokohama in 1994; before that, he was an FX Trader at CME Group’s Union Cal Futures from 1993; and his earliest known position was also as an FX Trader at Toronto Dominion Bank from 1988.

In recent months, other forex industry veterans have taken up new roles at various organizations: Tim Rudland moved to MultiBank Group, while Andres Cifuentes, Chan Chong San and Sandip Sen all joined Edgewater. In addition, Fred Scala joined Direct Trading Technologies as the Managing Director of B2B.

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