LMAX Exchange, a leading global institutional exchange has hired fx industry veteran, Roland White to the recently created Global Head of Institutional Sales. He will be joining the company of July 30th, 2018 and will report directly to David Mercer, CEO of LMAX Exchange.
Ronal White will look after advancing the LMAX Exchange global growth strategy in the institutional segment, leading the institutional sales team and strengthening relationships with institutions and stake holders internationally.
Mr White joins LMAX Exchange from Commerzbank AG (FRA:CBK) where he was in the position of Head of Electronic Foreign Exchange Sales based in London for the past eight years. Overall Mr White has around three decades of experience in the forex industry including Fx brokers, leading banks, and trading desks. Prior to Commerzbank, Mr White was with Standard Chartered Bank where he was Director of eFX Sales for almost two years. He has also worked with CitiGroup as Sales Director and with Reuters as Sales Manager. In addition, he has also served as the Vice President of the Financial Markets Association, ACI UK, between 2002 and 2007.
Commenting on the appointment, LMAX Exchange CEO, David Mercer said:
“Roland is joining our team at exactly the right time. Demand for firm limit-order liquidity is ever increasing, and institutions want transparent, precise and certain execution. This is what we offer. To date, we have already garnered significant momentum in the institutional space globally and we expect our growth trajectory to continue. We are proud to count over 300 large funds and brokers in our global institutional client base.”
“Roland’s wealth of experience, depth of knowledge and respected standing in the FX industry will be instrumental as we continue to gain traction among institutions globally.”
While commenting on his new position in LMAX Exchange, Roland White said:
This is an exciting time to be joining LMAX Exchange after its record performance year and the achieved traction to date in the institutional FX segment. I look forward to playing a key role in LMAX Exchange’s ambition to strengthen its market leader position and expand its institutional offering globally.
Recently, it has opened it international sales hub in Sinagapore and is strengthening its presence in across Asia Pacific and North America with multiple senior level appointments. In 2017, it witnessed a robust 58 per cent growth in volume from the institutional segment.