Tim Cartledge most recently Global Head of FICC and electronic FX trading at Barclays, and instrumental in the development of Barclay’s BARX platform (along with Dave Cooney, now CEO of Mahi FX) is joining EBSBrokertec as Chief Strategy Officer, reporting to EBS CEO, Gil Mandelzis.
Tim will be responsible for leading and delivering on the strategic direction of EBS BrokerTec, following the successful integration of EBS and BrokerTec in July 2015. Tim brings significant expertise in electronic trading within both the foreign exchange and fixed income markets, at a time when EBS BrokerTec is bringing together its two leading central limit order book platforms and disclosed trading venues EBS Direct and BrokerTec Direct.
The obligatory quote from Tim in the PR states:
“The EBS and BrokerTec platforms are extremely well-regarded as industry leaders in the FX and fixed income markets. Over the past few years EBS has transformed itself into a multi-product, growth business and built a very strong foundation for expansion. EBS BrokerTec is exceptionally well positioned to lead the market in the years to come and I am looking forward to being part of this exciting journey”
In my view this is a really significant hire for EBS, and of course another example of the continual loss of senior talent from top-tier banks.
Full press release here