Hotspot Onboards Mike Cahill from KCG to Support FX Sales Team in London

CBOE’s institutional foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term venue Hotspot today announced expansions to its UK sales team with the appointment of Mike Cahill as a director of its FX Sales unit.

Register now to the London Summit 2017, Europe’s largest gathering of top-tier retail brokers and institutional FX investors

Mr. Cahill joins Hotspot after three successful years with KCG, where he was in charge of its FX market-making business. Based out of London, he assumes his new role with immediate effect and will be tasked with covering European systematic trading and asset management firms. Cahill will report to Ben Leit, Head of European FX Sales at Hotspot.

Mr. Cahill brings over 10 years’ experience across the Sell-Side Sell-Side Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Read this Term sector. He has held a range of senior level positions with global brokerage firms and investment banks, including Morgan Stanley, where he ended a seven-year tenure as Vice President of Foreign Exchange Sales. He also served with Nomura for one year as Vice President and Head of eFX Sales for the Americas.

In 2006, Cahill earned his BS degree in Entrepreneurship and Emerging Enterprises from Syracuse University in New York.

Commenting on the appointment, Ben Leit said: “As we build new functionality and features, and broaden our ambitions for Hotspot both in established and growth markets, it’s important we maintain our long record of outstanding client service and support with a determined and expert sales team. Mike’s appointment, will strengthen our business in a key area of geographical focus and I’m delighted to welcome him to our fast-growing team.”