AlgoTrader Hires Richard Chmiel as COO to Lead Growth and Expansion

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.”