Itarle hires former proprietary trading chief to spearhead North American push
Itarle, a provider of high-performance, best execution services, algorithmic execution and analytics services to trading venues, has appointed James Thorpe as Regional Manager of its Chicago office to further boost its presence across North America.
Thorpe joins Itarle from Clear Capital Group, a proprietary trading group (PTG) in Chicago where he served as CEO. Prior to that, he was CEO of Mercury Derivatives, part of The Hertshten Group, where he managed the company’s day-to-day expansion across China before managing the global trading group with over 250 million Futures contracts traded annually.
“James’ extensive knowledge in short term interest rates (STIR) and fixed income will be critical in helping drive innovation for Itarle and expanding our offerings across different services,” says Paul Lynch (pictured), CEO and Founder, Itarle. “Having James in Chicago is essential as we look to increase awareness around Itarle’s capabilities in North America.”
“Today, banks and brokers are faced with a number of challenges from execution costs and consistency to trader productivity and regulatory compliance,” says Thorpe. “Itarle’s real-time, adaptive and quantitative models in conjunction with the top-notch intuition of its team have made its services invaluable, and I look forward to helping further drive that expansion in North America.”
Itarle provides multi-asset algorithmic trading and analytics services to banks and brokers and continues to expand its services to address the growing demand from sell-side firms for more productive and compliant trade execution on behalf of their clients. Established in 2005, Itarle’s clients include many of the most influential banks around the world.