Atfx, Xtx and More: Leadership Changes of the Week
Seif as Chief Economist for Developed Markets
Nomura, a Japanese financial holding company, has appointed Dr. David Seif as its new Chief Economist for Developed Markets. David Seif has a long and successful history in the hedge fund industry as a highly respected economist. His expertise will bring invaluable insights into the developed markets and provide strategic guidance to Nomura’s clients globally.
Read more about Dr. David Seif’s appointment at Nomura and the impact of his extensive experience in the hedge fund industry on the financial markets.
Alex Grinfeld Source: LinkedIn
Liquidnet strengthens global listed derivatives offering with new Co-Head of Futures for the Americas
Liquidnet, a global institutional investment network, has appointed Alex Grinfeld as Co-Head of Futures for the Americas. With over 20 years of experience in derivatives trading and market structure, Grinfeld is well-equipped to drive Liquidnet’s global listed derivatives offering to new heights. His extensive knowledge and industry insights will be invaluable in expanding Liquidnet’s capabilities and presence in the Americas, further solidifying their position as a leader in institutional trading.
Explore Alex Grinfeld’s new role at Liquidnet and the impact of his appointment on the institutional trading landscape.
Ronnie d’Arienzo Source: LinkedIn
Appital expands its business development team with the addition of Ronnie d’Arienzo
Appital has recently welcomed Ronnie d’Arienzo to its business development team. With a strong background in financial services and business development, d’Arienzo brings a wealth of expertise to Appital’s expanding team. His extensive knowledge and strategic insights will contribute to Appital’s continued growth and success in the financial industry, further enhancing their position in the market.
Discover more about Ronnie d’Arienzo’s role at Appital and his impact on the business development team’s strategic growth initiatives.
Seif brings over 15 years of macro research experience at a major hedge fund. Seif, who will be based in New York City, will report to Rob Subbaraman as Head of Global Macro Research and Paul Nikodem as Head of U.S. Fixed Income Research. Darren Shames expressed his excitement about strengthening Nomura’s research capabilities. We are pleased to welcome David to the Nomura research platform as we “enhance and expand our fixed income macro offering to clients globally.”
Seif’s recent executive appointments, including Hemish Shah as Head of EMEA Flow Rates, coincide with positive business performance in the third quarter. Hemish Shah’s appointment as Head of EMEA Flow Rates coincides with Nomura’s positive third quarter business performance, with the company reporting a 39% increase in pre-tax profit and a 400.2 billion yen increase in revenue.
Learn more about Nomura’s strategic expansion and how David Seif’s appointment has impacted the company’s research capabilities amid positive financial performance.
Alex Grinfeld Source: LinkedIn
Morgan Stanley executive joins Liquidnet’s Futures Division
Alex Grinfeld has joined Liquidnet to lead the North and South America Futures Division. Grinfeld is a former Executive Director of Morgan Stanley. Grinfeld, who has 11 years of experience at Morgan Stanley and previously held positions at Goldman Sachs, will join Liquidnet’s Futures Division alongside Brian Cashin to enhance execution services while delivering the company’s technological advancements. Mike du Plessis is Global Head of Listed Derivatives at Liquidnet. He highlighted Grinfeld’s role in bringing new technology and disrupting traditional banks’ dominance in buy-side solutions.
Liquidnet made similar strategic hires to UBS in Europe, where they recruited Dan Noorian from UBS and Darren Smith as team leader for its London-listed derivatives. These appointments demonstrate Liquidnet’s commitment to market-led solutions and innovation, complemented by partnerships such as BondIT’s integration of AI. TP ICAP’s parent company Liquidnet reported a 28% decline in its net profit, but the extension of its share buyback program shows confidence in future growth.
Learn more about Liquidnet’s innovative solutions and expansion efforts to challenge banks’ traditional dominance in buy-side execution services.
Ronnie d’Arienzo, Source: LinkedIn
Token.io welcomes Ronnie d’Arienzo as Chief Commercial Officer
Ronnie d’Arienzo, a seasoned commercial strategy and revenue growth expert, has been appointed Chief Commercial Officer of Token.io. Arienzo, who was Chief Commercial Officer of Freemarket at the time, achieved remarkable revenue growth by executing strategic initiatives. Arienzo’s tenure at PPRO Group has demonstrated his expertise by attracting high-level clients and cementing PPRO Group’s position in the FinTech payments ecosystem.
Arienzo has had a career that is both impactful and long-lasting. He has held leadership roles at Paysafe Group and Skype, leading the transformation strategies for both companies. His initiatives at Paysafe resulted in impressive growth year after year, culminating in an acquisition of the company for $1.2 billion. He forged strategic partnerships at Skype that confirmed his reputation as an energetic commercial leader.
Learn more about Arienzo’s strategic skills and his role as Chief Commercial Officer of Token.io.
This week saw a decline in the number of leadership appointments in fintech, FX and crypto.
Recent leadership changes in the financial sector include: John Coules joined Appital, ATFX appointed Gary Fragoso as Latin American Growth Manager, Jan Stromme took on the role of Business Development Manager at Coral Reef Technologies, Nomura welcomed Dr. David Seif as Chief Economist for Developed Markets, Liquidnet strengthened its global listed derivatives offering with Alex Grinfeld now Co-Head of Futures Business for the Americas and Ronnie d’Arienzo joined us. These appointments underscore the strategic positioning of the financial industry and its ongoing evolution in light of technological advances and market dynamics.
Weekly Overview: Explore the evolution of leadership in the fintech, forex and cryptocurrency industries. Dive into the ever-changing landscape of leadership changes across the fintech industry.
Leadership Change of the Week
John Coules Source: LinkedIn
HSBC veteran leaves banking giant for fintech after 17 years
Appital, a fintech company specializing in peer-to-peer pricing, liquidity sourcing, and working with asset managers, has added John Coules to its business development team. Coules has 17 years of experience at HSBC and 13 at Lehman Brothers. He brings extensive knowledge of pan-European equity trading. Appital has experienced rapid growth since the launch of Appital Insights in September 2023, with buy-side liquidity reaching $4 billion.
Brian Guckian (Chairman of Business Development at Appital) highlighted the importance of Coules to global expansion. Coules praised Appital for its unique technology that transforms liquidity and pricing. Used by more than 40 asset managers with a total of $15 trillion in assets under management, Appital Insights provides discrete large order execution and tailored liquidity. Appital’s collaboration with Virtu Financial’s Triton Execution Management System, which enhances Appital’s bookbuilding capabilities, increases its market impact.
Appital has a pioneering approachATFX appoints new Growth Manager for Latin American market
Gary Fragoso has been appointed as ATFX’s new Growth Manager. This is part of ATFX’s continued expansion into the Latin American (LATAM) market. Fragoso has a diverse range of experience from his previous roles at AT&T, GSK and other companies. He is new to the FX/CFD market but brings a wealth of business development and sales knowledge. ATFX has expressed confidence in Fragoso’s ability to drive development and innovation in the region. ATFX has made significant personnel changes including the hiring of Graham Morris, Head of Compliance for Australia, and Drew Niv as Chief Strategy Officer. Drew Niv is the co-founder of FXCM. These appointments demonstrate ATFX’s commitment to strategic partnerships and providing tailored services to global clients. The appointment of Aditya Singh as Business Development Director in the Institutional Segment for the MENA region underlines ATFX’s commitment to growth and market expansion.net’s commitment to market-driven solutions and innovation, complemented by partnerships such as BondIT’s integration of AI. TP ICAP’s parent company Liquidnet reported a 28% decline in its net profit, but the extension of its share buyback program shows confidence in future growth.
Discover Liquidnet’s innovative solutions and expansion efforts to challenge banks’ traditional dominance in buy execution services.
Ronnie d’Arienzo, Source: LinkedIn
Token.io welcomes Ronnie d’Arienzo as Chief Commercial Officer
Ronnie d’Arienzo, a proficient trading strategy and revenue growth expert, has been appointed as Chief Commercial Officer of Token.io. Arienzo, who was formerly Chief Commercial Officer of Freemarket, achieved notable revenue growth by implementing strategic initiatives. Arienzo’s tenure at PPRO Group showcased his expertise in attracting high-level clients and solidifying PPRO Group’s position in the FinTech payments ecosystem.
Arienzo has had a distinguished and enduring career. He has held leadership roles at Paysafe Group and Skype, leading transformative strategies for both companies. His initiatives at Paysafe resulted in impressive year-on-year growth, culminating in a $1.2 billion acquisition of the company. He forged strategic partnerships at Skype that affirmed his reputation as a dynamic commercial leader.
Discover more about Arienzo’s strategic skills and his role as Chief Commercial Officer of Token.io.
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