FX Veteran Steve Reich Joins Elk Capital Markets as COO

by Jeremy

Elk Capital Markets, a New York-based high-frequency buying and selling agency, strengthened its workforce by appointing trade veteran Steve Reich because the Chief Working Officer. Though he joined the position final yr, the announcement was made public simply yesterday (Thursday).

“I began my profession as a dealer, and it’s tremendously thrilling for me to leverage each buying and selling and tech-building expertise to foster Elk’s continued progress by way of experience, inventive, cutting-edge methods, market presence, and in the end particular person and workforce efficiency and profitability,” Reich wrote in a LinkedIn publish.

A LinkedIn publish by Steve Reich

A Foreign exchange Trade Veteran

Reich is an trade veteran with about 35 years {of professional} expertise within the buying and selling sector and has labored for a lot of well-known monetary companies firms. He joined Elk Capital Markets from Hudson River Buying and selling, the place he was part of the Digital Asset workforce between January 2022 and Could 2023.

Steve Reich, COO at Elk Capital Markets

In line with his LinkedIn profile, Reich began his profession at Credit score Suisse (now part of UBS) as an FX dealer in 1988 and separated from the agency because the VP Senior Seller after seven years. Later, he joined HSBC because the Chief Seller for International Trade, working there for a few years. Then, he turned a Managing Director at Barclays Capital, a task he held for 3 years.

He continued his foray into the foreign exchange trade by turning into the Co-Founder and Chief Working Officer of Hotspot FX, now often called Cboe FX, and is part of Cboe International Markets. Following his tenure at Hotspot FX, he headed FX Bridge because the CEO for a few years.

He beforehand served because the Head of FX and Commodities at New York-based GTS, holding the place from September 2013 and November 2019. He was additionally the Chief Income Officer for Pivot Applied sciences on the CME Group.

“I’d prefer to thank the oldsters who labored with me at Hudson River Buying and selling in constructing out a crypto buying and selling enterprise, and I’m excited to leverage that community as I transfer ahead with Elk Capital,” Reich added.

Elk Capital Markets, a New York-based high-frequency buying and selling agency, strengthened its workforce by appointing trade veteran Steve Reich because the Chief Working Officer. Though he joined the position final yr, the announcement was made public simply yesterday (Thursday).

“I began my profession as a dealer, and it’s tremendously thrilling for me to leverage each buying and selling and tech-building expertise to foster Elk’s continued progress by way of experience, inventive, cutting-edge methods, market presence, and in the end particular person and workforce efficiency and profitability,” Reich wrote in a LinkedIn publish.

A LinkedIn publish by Steve Reich

A Foreign exchange Trade Veteran

Reich is an trade veteran with about 35 years {of professional} expertise within the buying and selling sector and has labored for a lot of well-known monetary companies firms. He joined Elk Capital Markets from Hudson River Buying and selling, the place he was part of the Digital Asset workforce between January 2022 and Could 2023.

Steve Reich, COO at Elk Capital Markets

In line with his LinkedIn profile, Reich began his profession at Credit score Suisse (now part of UBS) as an FX dealer in 1988 and separated from the agency because the VP Senior Seller after seven years. Later, he joined HSBC because the Chief Seller for International Trade, working there for a few years. Then, he turned a Managing Director at Barclays Capital, a task he held for 3 years.

He continued his foray into the foreign exchange trade by turning into the Co-Founder and Chief Working Officer of Hotspot FX, now often called Cboe FX, and is part of Cboe International Markets. Following his tenure at Hotspot FX, he headed FX Bridge because the CEO for a few years.

He beforehand served because the Head of FX and Commodities at New York-based GTS, holding the place from September 2013 and November 2019. He was additionally the Chief Income Officer for Pivot Applied sciences on the CME Group.

“I’d prefer to thank the oldsters who labored with me at Hudson River Buying and selling in constructing out a crypto buying and selling enterprise, and I’m excited to leverage that community as I transfer ahead with Elk Capital,” Reich added.

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