OptAxe, a regulated trading platform focused on centralized
liquidity in FX options, has appointed Chris Smith as Chief Business
Development Officer. The appointment follows OptAxe’s recent FCA approval to
operate as a Multilateral Trading Facility for FX options.
OptAxe Expands Leadership Team
“I am thrilled to be joining such a visionary team and look
forward to working alongside the founders as we bring innovative technology to
the marketplace that will automate manual, bilateral processes and provide a
‘single source of truth’ for FX options liquidity,” Smith, Chief Business Development Officer at
OptAxe commented on his new appointment.
Chris Smith, a veteran in FX markets with over 30 years of
experience, will support OptAxe’s expansion efforts.
His background includes
leadership roles in FX sales at institutions such as Commonwealth Bank,
Deutsche Bank, HSBC, Citi, and Credit Suisse. Smith has consistently focused on
technology-based platform solutions in FX trading throughout his career.
“I am delighted to welcome Smith to the OptAxe team at such
an exciting time for the business,” said Chris Jackson, CEO and Co-Founder of OptAxe.
“Having known Smith for many years, I have
witnessed his passion for the sector and how he strategically embraces
innovation to automate workflows, drive efficiencies and empower teams to focus
on higher-value activities,” he continued.
Completing Technical Development
OptAxe centralizes liquidity to simplify FX options trading
and increase trading opportunities. Its axe-driven model is structured to
support operational efficiency, risk management, and market insight.
The platform is now operational, with all technical
development, connectivity, and integration complete. It offers connectivity
through a Web GUI and APIs, including FIX and REST, to access liquidity.
Automated pricing and execution features provide options for trade fulfillment,
counterparty access, and execution analysis.
OptAxe has recently appointed Lynsey McAllister as Head of
Operations and Dave O’Brien as a Senior Developer. Lynsey brings experience in
client onboarding, operations, and relationship management, while Dave will
support the technology build-out with his development expertise.
This article was written by Tareq Sikder at www.financemagnates.com.
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