Digital Vega, an FX Options e-trading platform and provider of FX Options trading solutions, has appointed Rob Wemyss as a Non Executive Director and Head of Business Development.Wemyss joins Digital Vega from JP Morgan where he was Global Head of FX Options. He worked at JP Morgan for 25 years in a variety of roles.
"During 2020 we aim to cement our leading position in multi-dealer FX Options trading by adding more liquidity providers and clients, increasing automation in our Vanillas platform and launching a new Exotics service,” says Mark Suter, Executive Chairman and Co-Founder, Digital Vega. “We are delighted to welcome Rob to Digital Vega, where his unparalleled industry experience and senior level contacts with liquidity providers and clients will help to maximise our growth.
“Over the past 12 months Digital Vega has made several key hires. In addition to Rob joining, we have hired Simon Nursey as Head of Asia, Asa Attwell as Head of Product Development, Romain Camus as Head of Exotic Options, Laura Winkler as EMEA Relationship Manager, and Benny Lewis as Head of Interdealer Solutions."
Wemyss says: "Transparency, automation and workflow efficiency are driving the market increasingly towards trading FX Options electronically. Digital Vega is already considered the market leader, and by investing in new products and services we expect to capture future market growth.”
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More