London-based Reactive Markets has expanded its small team hiring Matthew Cavallo as the company’s Director of Business Development. According to Cavallo’s Linkedin profile, he has already joined his new role earlier this month and will be responsible for growing the firm’s Americas business.
“A big welcome to the team Matthew Cavallo who joins us to head up our Business Development efforts in the Americas,” the company wrote on a social media post. “Matt brings a wealth of experience in institutional trading, technology, and prime brokerage and will be playing a key role in the global growth of the Switchboard network!”
Growing the Small Team
Founded in 2019, Reactive Markets is relatively a new player in the trading technology space, promising to provide ultra-low latency institutional trading infrastructure for Forex and other markets.
Cavallo has joined a small team of Reactive Markets’ three Co-Founders, Phil Morris, Mark McDowell, and Mark Aylett; Henry Durrant, who joined the company at the beginning of this year as a Business Development Head; and a few other employees.
Cavallo, who has more than a decade of experience working in the trading industry, has joined his latest role from TOKKYO FX. There, he was the Regional Head of Liquidity Management for almost a year.
Before that, he spent more than a couple of years at 360 Trading Networks and GTX in business development roles. He entered the industry in 2010 as a Junior Financial Advisor Sales Representative for Aegis Capital and later switched to Morgan Stanley for a role in forex prime brokerage. Furthermore, he spent significant time at Citi as a Foreign Exchange Prime Brokerage Analyst.
