Quantitative Brokers (QB), a provider of advanced execution algorithms and data-driven analytics for global futures and interest rate markets, has appointed Timothy Gits as Chief Sales Officer responsible for QB’s global sales team. Effective immediately Gits will report to QB Chief Executive Officer Christian Hauff and will join QB’s Executive Committee.
The news comes as fast-growing QB marks the 10th anniversary of its first trade execution, completes the sale of a majority stake to Deutsche Börse, and looks to make additional hires globally in the months ahead.
“This is a very exciting time for QB and our many clients and partners worldwide as algo trading and cost-effective execution moves front-and-center in today’s markets,” said Mr. Hauff. “QB has known and worked with Tim since 2013 and we have the greatest respect for him and look forward to working with Tim to continue our growth and expand the value that we bring to our clients as the leader in the algo trading revolution.”
Gits joins QB with more than 20 years of financial markets experience, including the last decade in various Deutsche Börse business units. Tim most recently served in leadership roles such as Head of Americas Fixed Income Sales for Derivatives, Funding & Financing and Deputy Global Head of Fixed Income and Financing at Eurex.
Gits brings extensive multi-asset sales, relationship, trading, and operations experience that spans futures, options on futures, and swaps markets, as well as clearing, surveillance, and compliance. Tim has served in buy-side and sell-side facing roles covering both exchange- traded and OTC products.
Gits earned a Master of Financial Markets and Trading from the Illinois Institute of Technology, and a Bachelor of Science degree from John Carroll University.
