360T On-Boards Simon Jones as its Chief Growth Officer

360T, Deutsche Börse Group’s affiliated FX trading venue and provider of web-based trading technology for over-the-counter (OTC) instruments, has appointed Simon Jones as its newest Chief Growth Officer, who also joins as a member of 360T’s Global Executive Board, Finance Magnates has learned.

In his new role Mr. Jones will be based out of London and will be reporting to Carlo Kölzer, founder and CEO of 360T Group. The hire is the first marquee appointment in 2017 for the group as it looks to continue its focus on growth, helping also aid in the launch of the group’s ECN initiative.

He has spent over two decades in the foreign exchange (FX) industry, having joined 360T from PierrepointFX Ltd. Here he worked as its London-based director for almost three years. Additional roles include senior level stints at Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term Pool as a managing partner. He has spent the majority of his career at Citigroup, dating back to 1998, according to information made public on his Linkedin profile.

According to Mr. Kölzer, in a recent statement on the appointment: “We are very excited to welcome Simon joining us as a new member of 360T’s Global Executive Board. He will take responsibility for further accelerating our global growth.”

“His hiring is to be seen in the context of 360T’s and Deutsche Börse Group’s strong investments in developing and offering a new and unique ecosystem for the FX market. This is a truly Hybrid Model Hybrid Model A hybrid model of operation is when a broker divides its flow into different categories. Some clients are routed to an Electronic Communication Network (ECN), while others are matched internally or the broker is taking the other side of the trade.Many forex brokers rely on a hybridized model for processing client transactions. This approach does provide several inherent benefits as they provide traders the best of both worlds if they think a combination of models would work best for their tradin A hybrid model of operation is when a broker divides its flow into different categories. Some clients are routed to an Electronic Communication Network (ECN), while others are matched internally or the broker is taking the other side of the trade.Many forex brokers rely on a hybridized model for processing client transactions. This approach does provide several inherent benefits as they provide traders the best of both worlds if they think a combination of models would work best for their tradin Read this Term, where exchange trading, FX OTC Clearing, FX Futures as well as Rolling Spot Futures live alongside the more traditional OTC FX activity,” he added.

“Simon is a great addition to our team who brings significant experience and market knowledge in order to strengthen our sales activities in a multi-dimensional market. He will focus on growing our existing business and product suite, and in addition he will drive the launch and adoption of our FX 2.0 CLOB and ECN initiative for our OTC and on-exchange trading environment.”