Exclusive: CFH Clearing Appoints Andy Biggs as Head of Liquidity

CFH Clearing has appointed Andy Biggs as Head of Liquidity. He is joining the company after spending the past four years at IS Prime. The newly created role aims to strengthen the analytical focus onto the liquidity offering of the company.

Biggs has been working in senior roles in the FX industry since 2012 when he joined ICM Capital and later spent two years at Sucden Financial in a senior institutional sales role. As a Head of Liquidity and Risk Analysis at IS Prime, he was instrumental in building the IS Prime liquidity offering from the ground up.

In the newly crafted role, Andy will manage CFH’s teams based in London and Hong Kong. Separately, he will liaise with the technology team of CFH, which is based in Copenhagen. His responsibilities include but are not limited to developing CFH’s liquidity suite, advising clients on the most appropriate tailored liquidity solutions and managing relationships with Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on Read this Term.

Commenting on the new appointment, the CEO of CFH Clearing, Matthew Maloney, said: “Our focus is to have the very best liquidity offering in the industry and we are therefore thrilled that Andy has chosen to join CFH Clearing. We believe he is the very best in the industry and are excited about the added value he will bring to our clients, with an enhanced focus on highly tailored liquidity solutions.”

“Joining CFH Clearing is a fantastic opportunity for me. CFH has all the ingredients for a best of breed liquidity offering. I’ll be using my expertise to further strengthen the product, ensuring that all clients are matched with the optimum liquidity to support their individual needs.”