Chi-X Australia names John Fildes as chief executive
Chi-X Australia, a wholly owned subsidiary of alternative trading venue operator Chi-X Global, has appointed John Fildes as chief executive officer effective 1 May 2013.
To ensure a smooth transition, Peter Fowler will continue in his role as CEO until 1 May 2013 and Fildes (pictured) will join the team in early April.
Fildes’ experience includes senior capital markets roles at MSCI, Morgan Stanley, Instinet and Getco. He oversaw the entry into the Australian market of both Instinet and Getco. He is a former board member of the Stockbrokers Association of Australia and remains significantly involved with that organisation as well as with the Australian Financial Markets Association and the Australian FMRC Market Quality Advisory Panel.
Tal Cohen, chief executive of Chi-X Global, says: “John Fildes has worked in or with the Australian market for two decades and is a well-regarded member of the Australian trading community. He has held senior positions with various market participants, and made significant contributions to industry bodies through his interaction with regulators and government.
“On behalf of the Board and everyone at Chi-X, I would like to welcome John to the team during this exciting time for the firm. As we approach Chi-X Australia’s 18-month anniversary, we have reduced trading costs for our 30 member firms, and consistently achieved market share of around 10 per cent per cent. We remain committed to working with the Australian trading community to develop innovative new products and services that improve investor performance.
“I would also like to thank Peter Fowler for his contributions to Chi-X Australia over the last six years and his unwavering belief in the benefits of competition. It cannot be overstated how critical his leadership was in successfully launching the exchange and building support from the industry.”
Fildes says: “I am extremely excited to take on this role. I look forward to working with our clients and introducing new services to grow the platform and make Australia an easier and more liquid place to trade. Over the past 18 months, the Chi-X team has demonstrated its ability to understand the needs of clients and establish itself as an integral part of the Australian market. I look forward to joining the team and working closely with everyone.
“Australia is well placed to extend its strong position as a financial services leader, both in the region and globally. I’m excited about the role that Chi-X can play in achieving that goal.”
- By Category
- News from other sites
- Special Reports