The Industry Spread

Spotex Hires & Appoints Kevin Gillespie as Director of Sales for European Expansion

US based Forex trading technology provider Spotex which focused primarily on ECN operation and communication network has now announced that it has hired Kevin Gillespie to spear head its expansion activities in Europe. The firm is known for its products which help brokerages and dealers profit from improved trade execution speed, transparency and reduced cost by enabling participants to focus on trading strategies. Given its efforts over the last decade, the firm has managed to gain significant client base and market share in North American market and is now focusing its efforts into expanding its market share in European market. In a bid to hasten expansion activities in European market, the firm has hired Kevin and appointed him as Director of Institutional sales in their London office.

Kevin will be reporting to John Miesner, the current executive managing director and global head of sales and distribution at Spotex. Prior to his current role at Spotex, Kevin was a part of sales and business development team at Cobalt where he served for nearly two years. Throughout his vast career which spans more than three decades, Kevin has held multiple high level sales, managerial and business development roles. Kevin started his career as an FX trader back in 1988 for Toronto Dominion Bank where he served for 5 years. Some of the most notable positions he held in his career include Head of New Business Development at IFX markets, VP of FX Sales at Knight Capital Group’s Hotspot FXi and Director of FX sales at Hotspot.

In his role Director of Institutional Sales at Spotex, Kevin is in charge of handling the firm’s institutional clients and banks based out of Europe. He is also responsible for overseeing sales of the firm’s FX liquidity and technological solutions to European clients. Commenting on the Kevin’s appointment as Director of sales, John commented, “Kevin’s breadth of experience in foreign exchange liquidity and technology are a great fit with Spotex as we roll out new services and technology solutions for brokers and institutions”. The company mostly targets and focuses on FX bank liquidity providers and FX prime brokers as clients owing to its ECN service which enables clients to choose from different set of liquidity pools available to suit their business needs and requirements.

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