Trading Places: Divisa Capital, Abel Noser, FinaCom, HSBC

Last week saw many personnel shifts in the financial industry.

25.9

Shawn McLoughlin

BGC Partners, Inc. (NASDAQ: BGCP), a global brokerage that deals in the financial and real estate industry, appointed Shawn McLoughlin as its CEO for the Americas region.

President Shaun Lynn said: “Shawn will work to define business strategy for new products and drive revenue growth in the North American market.”

Sammy Christou

Divisa Capital brought in Sammy Christou as Head of Trading. Mr. Christou will support the group’s upcoming proprietary Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, building on an already expansive year for the FX and CFD 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 provider.

“I am very excited to contribute to the growth of one of the most cutting-edge fintech companies in the brokerage space,” said Mr. Christou.

26.9

Encik Danial Mah

The Labuan Financial Services Authority (Labuan FSA) of Malaysai announced the appointment of Encik Danial Mah bin Abdullah as its new Director-General for a three-year term, effective from 3 October 2017.

His current position is Deputy Director-General. His promotion has been approved by the Prime Minister and Minister of Finance, YAB Datuk Seri Mohd Najib Tun Abdul Razak. Mah joined the Labuan FSA in 1997 and has served in various positions at the organization.

27.9

Ashish Sharma, John Salt and Sheetal Patel

Abel Noser, a specialist in transaction cost analysis across several asset classes, expanded its UK presence with three new additions to its sales and client services team.

Ashish Sharma was hired as Manager of Client Services and Product Implementation, while John Salt and Sheetal Patel joined the EMEA team in sales/consultancy capacities.

Bruce MacKenzie

UBS Group AG, the world’s largest wealth manager, chose Bank of America’s Bruce MacKenzie as managing director of its leveraged capital markets (LCM) operations in Europe, the Middle East and Africa (EMEA).

MacKenzie brings over 20 years of experience in global leveraged finance capital markets in London and New York. In his new role, he will report to David Slade, global co-head of leveraged finance.

28.9

Brian Bussey

Christopher Giancarlo, Chairman of the Commodity Futures Trading Commission (CFTC), the federal financial regulator charged with overseeing the trading of futures and options in the United States, appointed Brian A. Bussey to fill the position of the agency’s Division of Clearing and Risk (DCR).

Commenting on the appointment, CFTC Chairman Giancarlo said: “He will be a great addition to the Commission as we work to fulfill the CFTC’s regulatory mission in a manner that fosters broad-based economic growth and American prosperity.”

29.9

Valery Dolgov

The Financial Commission (FinaCom PLC), an dispute resolution service that caters to the financial services industry, appointed Valery Dolgov as the newest member of its Dispute Resolution Committee (DRC).

Commenting on the appointment, Chairman Peter Tatarnikov said: “Valery is a proven industry expert whose experience will help boost our dispute resolution process.”

Douglas Flint

HSBC announced the official retirement of its chairman, Douglas Flint. The news follows an announcement made in March. Mr Flint will be succeeded by Mark Tucker, who will officially take over this weekend.

Douglas Flint has been with HSBC for over 20 years. He joined the company in 1995 as its finance director, a position that he occupied until 2010, when he briefly took over as CFO before becoming Chairman.

1.10

Maxim Lapin

The Moscow Exchange announced the appointment of Maxim Lapin as its Chief Financial Officer. He will also be joining its executive board.

Commenting on his appointment, the CEO of Moscow Exchange said: “The appointment of a young and dynamic manager such as Maxim will strengthen both the company’s finance function and the Moscow Exchange team as a whole.”