State Street’s Head of Currenex Sales, Russell Sears Parts Ways with Group

State Street Global has a key vacancy to fill, following the departure of Russell Sears, the group’s Senior Managing Director and Global Head of Currenex Sales, who parted ways with the company after nearly thirteen years.

Mr. Sears joined State Street GX Group back in September 2002, having served as the European head of e-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 group, including Currenex, FXconnect and other positions over his tenure with the group. His most recent role was the global head of Currenex sales and senior managing director, which Mr. Sears relinquished at the end of March 2015.

It is presently unknown who will succeed Mr. Sears following his departure. Finance Magnates reached out to Mr. Sears who was unavailable for comment.

Back in October, Currenex made headlines by adding new currency pairs to its of crosses suite, launching a range of Asian and European tradable instruments. The seven pairs included the CNH China yuan renminbi and RUB Russian ruble, among others.