Siege will soon be connected with 10 of the largest 20 Banks and 15 of the top 20 Asset Managers.
Siege FX has announced the appointment of Mathijs Peeters as Head of Distribution for Europe and the promotion of Marek Robertson to Chief Product Officer as the firm prepares to launch new services in 2023.
The capital markets fintech was created to deliver a range of cost-reducing solutions, initially for the FX market. Its dark pools provide anonymous access to trade without information leakage.
Earlier this month, the firm announced it plans to launch Netbook later this year. The solution delivers asset managers and banks an innovative approach to order compression and block order trading across all cash FX instruments.
“We continue to build on our growth and the launch of new services”
Claude Goulet, CEO of Siege FX, said: “We continue to build on our growth and the launch of new services to scale the business. With Mathijs responsible for distribution in Europe and Paul Alves continuing to manage distribution in the Americas, we have a world-class business development team. Their experience and extensive client relationships will play a key role in support of our expansion.
“I would also like to congratulate Marek on his promotion to Chief Product Officer, where his in-depth knowledge of the FX market will drive the development of new services in collaboration with our bank and buy-side participants.”
Mathijs Peeters joins Siege FX from Optiver where he was Head of FX Distribution, responsible for direct counterparty business development. Previously he was FX FinTech Business Manager at BlueCrest and prior to that Director of FX Institutional Sales at HSBC. His 25-year career in FX also includes Managing Director roles in institutional sales at Nomura and RBS.
Marek Robertson, who was Head of Distribution since he joined the firm in 2019, has been promoted to Chief Product Officer, where he will be responsible for enhancing the company’s existing services, MidPool and NetFix, as well as the development of several new services leveraging Siege’s flexible technology stack.
It was in Q3 2022 that the FX specialist launched NetFix, an anonymous mechanism designed to match offsetting fixing orders in advance of the publication of an FX benchmark.
MidPool, the firm’s first service launched in 2021, is a fully anonymous and continuous Spot matching service at a regulated mid-rate.
As both NetFix and MidPool continue to attract participants, Siege will soon be connected with 10 of the largest 20 Banks and 15 of the top 20 Asset Managers.
