FIA Hires Don Byron to Head Its Operations and Execution Unit

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.

FIATECH

FIA Hires Don Byron to Head Its Operations and Execution Unit

August 11, 2019

Futures Industry Association FIAUSA based trade organisation FIA – The Futures Industry Association which is made up of futures commission merchants recently made an announcement stating that it has hired Don Byron to serve as the Head of its Global Industry Operations and Execution department. FIA primary deals with Futures & Options and Derivative assets providing a centralized clearance service. In his new role as head of the business unit, Byron is in-charge of developing and implementing industry solutions pertaining to clearance operations, execution technology, cyber security and market structure issues. He is expected to serve from the firm’s Chicago office and will be responsible for serving as principal liaison for all departments and business units which handle or represent the above mentioned issues.

Speaking about the firm’s decision to appoint Don Byron as Head of Operations and Execution Unit, Walt Lukken, Chief Executive Officer and President of FIA commented, “We are thrilled to welcome Don to this senior position managing our global operational and technology work. We are fortunate that such an experienced manager with deep industry knowledge will be joining us”. Byron is an industry veteran with more than two decades of experience during which he has gained vast experience from serving in diversified roles ranging from product management and business process analysis to trading, system analysis and trading desks. From his 25 year long career history, he has gained vast knowledge and experience in dealing with wide range of asset classes such as OTC, Fixed Income and Cash Equity Markets. He started his career as Futures Trader at Chicago based financial service provider ING Bearings where he served for three years. 

He then served as Asst. Trading Desk Manager for Spike Trading and as Business Analyst for Ramsey Financials. As he moved on to various financial service providers he slowly continued to grow in ranks, serving as Senior Business Analyst for Northern Trust, Systems Analyst at Alpha Metrix Investment Advisors and back again at Northern Trust in capacity of Senior Consultant. He then went on to serve as Vice President of Agency Derivatives Clearing Product Management for Barclays Capital from their New York Office and as Product Manager for Derivatives at Fidessa before joining his current role at FIA. Aside from his Tenure at Barclays Capital in their NY office he spent entirety of career in firms based out of Greater Chicago area. FIA was recently in the news for its move to call for changes in reporting structure for derivatives under EMIR as current framework is causing many issues for reporting firm in today’s market

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