AlgoTrader Hires Richard Chmiel as COO to Lead Growth and Expansion - The Industry Spread

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.

Richard Chmiel, AlgoTrader Chief Operating Officer

AlgoTrader Hires Richard Chmiel as COO to Lead Growth and Expansion

April 17, 2018

AlgoTraderAlgoTrader AG, the Swiss provider of algorithmic trading software that executes automatic trading strategies in forex, options and stocks has hired Richard Chmiel as Cheif Operating Officer (COO) to lead the global sales and business development activities.

Richard Chmiel is an experienced industry veteran with his professional career spanning over three decades. During this time period, he has been in leadership roles in several global financial companies. Started his career with Bloomberg AG, where he rose to Sales Manager position during his 12 years long tenure then moved to several companies in top managerial roles including OneMarket Data LLC as Senior VP, CEO at RS Metrics LLC and the latest one as Chief Revenue Officer at Accern.

Richard played a pivotal role during his tenure in OneMarket Data and RS Metrics to lead the company’s growth through evolving customer products, services and streamlining customer experience. He is also an Investor and Advisor to RS Metrics LLC, the position he has been holding since April 2017.

Mr Richard’s position will be based out of New York and will overlook the company’s administrative functions and lead its expansion into the US. The appointment follows the AlgoTrader’s $1.5 million financing round to drive the growth and maintain its lead in trading solutions for various traditional asset class including equities, forex, futures and options but also, crypto-currencies.

Commenting on his appointment, Richard said:  “I was really attracted by AlgoTrader’s comprehensive platform and proprietary technology used by the most discerning quantitative trading firms. This company has a tremendous amount of momentum and I’m looking forward to bringing my skill set to help further its rapid growth.”

AlgoTrader’s founder and CEO Andy Flury further added: “Richard is a perfect fit to help AlgoTrader guide its growth and develop its brand. We were looking to bring on someone knowledgeable and seasoned in the financial industry to secure new clients and partnerships and to refine the service offering for our current clients. With his broad market knowledge and variety of experiences mixed with his extensive network of contacts in the industry, Richard will be guiding some of our most pivotal decisions in our upcoming growth strategies. We’re excited to see him scale AlgoTrader with the same success he’s had in his past ventures.” 

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