NZX Promotes Benjamin Phillips as its Head of Market Operations

NZX Limited has announced its latest senior appointment, elevating Benjamin Phillips to the role of Head of Market Operations, following a period of two years with the 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 operator, according to an NZX statement.

Take the lead from today’s leaders. FM London Summit, 14-15 November, 2016. Register here!

Mr. Phillips originally joined NZX back in September 2014, having served as its Head of Clearing for the duration of his tenure with group. In this capacity, he has maintained a central role in securing operations of several infrastructures that form NZX Clearing’s designated settlement system, NZCDC. He has also worked extensively with NZX’s stakeholder management of external regulators and the NZCDC Board.

The promotion also follows the announced resignation of NZX’s Chief Operating Officer (COO) Mandy Simpson on October 3, 2016. Mr. Phillips will be reporting director to NZX’s CEO Tim Bennett following the change. Phillips is no stranger to financial markets and has served in a variety of venues for almost fifteen years.

Prior to joining NZX in 2014, Mr. Phillips worked at Citi’s Sydney based office as its Senior Project and Operations Manager – Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term for over a year. The rest of his career has been dedicated to E*TRADE Australia, where he held several senior roles, including Head of Broking Services, Product and Strategy Manager - Broking Services, Business Development Manager, and Relationship Manager, among others, according to information made public on his Linkedin profile.