LMAX Exchange Group has appointed Jason Huang as Head of Sales for the Asia Pacific region and Shang Lin as Institutional Sales Executive for the Asia Pacific region as part of its expansion plans in the region.
Based in the LMAX Exchange Hong Kong office, Jason Huang will be responsible for leading distribution teams focused on South East Asia and Greater China and for overseeing key existing client relationships. The industry veteran, who has held senior roles at large global brokerages including CFH Systems Asia, where, as a Managing Director, and FXCM USA and FXCM Asia, will report to Scott Moffat, Managing Director, Asia Pacific. Huang has also been mandated to expand the Company’s distribution capabilities in the region.
The leading institutional FX and cryptocurrency trading operator appointed Shang Lin as Institutional Sales Executive for the APAC region with the mission of driving growth in the institutional client segment across regional banks, hedge funds, and asset managers as well as supporting distribution in Greater China.
Based in the LMAX Exchange Singapore office and reporting to Quentin Miller, Head of Institutional FX, Asia Pacific, Shang is a former client and relationship manager at Refinitiv, focusing on financial institutions and corporates for the FXall business.
“We are delighted to welcome Jason and Shang to the Company. The build-out of our distribution team demonstrates our continued commitment to servicing our Asian client base and growing our capabilities in line with client demand. We have identified a genuine need among institutional market participants for order-driven firm liquidity and a growing focus on transparency, precision, and consistency in execution. Crucially, both Jason and Shang possess extensive experience servicing institutional clients and have a deep understanding of the Asia Pacific FX market. I believe that their industry knowledge and expertise will help us accelerate our regional growth in the years to come”.
David Mercer, Chief Executive Officer at LMAX, commented:
“Asia’s contribution to our global business continues to grow at a tremendous rate. In 2018, our Asia Pacific franchise doubled volumes and delivered 28% growth in execution revenue. Among institutional clients, we saw even steeper levels of growth. With our offices in Singapore, Hong Kong, Tokyo, Sydney and Auckland, Asia Pacific will be a key region for LMAX Exchange in 2019 and beyond. Having added to our already talented regional team over the past two years, and as the only independent global player for institutional currency trading, we are uniquely positioned to meet the needs of our client base in Asia”.