CQG Announces Senior Executives’ Buyout; Continues Growth Under New Leadership

CQG, the financial markets technology solutions provider, has announced a significant ownership change with its senior executives set to acquire the company. The buyout marks a new chapter for CQG, which has been owned by founder Tim Mather since its inception in 1980. The details of the transaction, expected to finalise this month, have not…

FlexTrade Systems Appoints Michael Kovach as Head of Fixed Income Sales in Americas

FlexTrade Systems  the multi-asset execution & order management systems vendor, has announced the appointment of Michael Kovach as Head of Fixed Income Sales in the Americas. Kovach, an experienced professional with a 20-year tenure in the FinTech sector, will focus on enhancing FlexTrade’s market position in Fixed Income Electronic Trading Solutions. He previously served as…

Exegy Appoints Brian Pomraning as Chief Revenue Officer

Trading and market data systems vendor Exegy has appointed industry veteran Brian Pomraning as Chief Revenue Officer. With 25 years of leadership experience in the financial services industry, including product management, technology, sales, and marketing, Pomraning has a proven track record of transforming and growing global businesses and cross-functional teams. During his career, Pomraning has…

Trumid Appoints Jason Quinn as Global Head of Sales Amid Platform Growth

Fixed income electronic trading technology company Trumid has appointed Jason Quinn as its Global Head of Sales. Quinn, a founding member of Trumid’s leadership team and its Chief Product Officer, will now oversee the company’s commercial division, merging product and sales into one strategic unit. The move is intended to further integrate technology, product, and…

Celoxica Strengthens APAC Presence with Sydney Office and Enhanced Offerings

Celoxica, provider of ultra-low latency market access gateway and feed handler solutions, has opened a new office in Sydney to support its global expansion and to service customers across the APAC region. The company has appointed Ben Tyas to head up the region. Tyas comes with considerable expertise in low-latency trading technology and customer support,…

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Vista Equity Partners Invests in TRG Screen for Strategic Growth; Leigh Walters Steps Up as New CEO

TRG Screen, the provider of enterprise subscription spend and usage management software, has received a strategic growth investment from Vista Equity Partners (“Vista”), a global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses. TRG Screen will use the capital to accelerate product innovation, talent acquisition, and go-to-market functions. Leigh Walters has been…

DTCC Appoints Brian Steele as President of Clearing & Securities Services

DTCC has appointed Brian Steele as the Managing Director, President, Clearing & Securities Services. Starting from October 2, 2023, Steele will oversee all DTCC Clearing and Securities Services areas, such as Equity Clearing, Fixed Income Clearing, and Wealth Management Services. In the new role, Steele will report directly to Frank La Salla, DTCC’s President and…

LSEG Appoints Charlie Walker as Deputy CEO of London Stock Exchange

London Stock Exchange Group (LSEG) has appointed Charlie Walker as Deputy CEO of the London Stock Exchange plc. He will also join the LSE plc Board, subject to regulatory approval. Walker will continue to report to Julia Hoggett, CEO of LSE plc to support the daily running of the exchange while continuing to oversee the…

Adaptive Appoints Dave Clack as Chief Product Officer

Adaptive Financial Consulting has appointed Dave Clack as its new Chief Product Officer, a strategic role focusing on the innovation of Aeron, Adaptive’s cloud-native messaging infrastructure for the capital markets. Clack will be responsible for driving growth, overseeing product development, and shortening the time it takes for financial firms to deploy trading architectures into the…

DiffusionData Appoints Former CME Group Executive Scott Fink as Managing Director for the Americas

DiffusionData, a company specialising in real-time data streaming and messaging solutions, has appointed Scott Fink as its new Managing Director for the Americas. Fink, formerly an Executive Director of Site Reliability Engineering at CME Group, will oversee customer and partner engagements across the US, Canada, and Latin America. During his tenure at CME Group, Fink…