Edgewater Markets has named Paul Allmark as its Chief Technology Officer. Based in the firm’s London office, Allmark will oversee all technology functions and report directly to Edgewater’s founders. His appointment is part of a broader leadership expansion as the firm positions itself for continued growth across products and regions.

Senior Roles at Trading Platforms

Allmark arrives at Edgewater with more than 30 years of experience in financial technology and markets. His track record includes senior roles at major banks and trading platforms, where he focused on building and scaling advanced systems. Most recently, he served as Chief Information Officer at NEX / CME Group, where he oversaw the EBS and BrokerTec platforms.

“Paul joins Edgewater at a time of significant expansion,” commented Skovran Schreder, Edgewater CEO and Co-founder. “His deep expertise in building and scaling advanced trading platforms aligns perfectly with the ambitious initiatives we have planned.

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Allmark’s earlier career includes stints at EBS BrokerTec, Thomson Reuters, and Dresdner Bank. He led several landmark industry projects, such as launching the first internet-based single-dealer portal in 1998, pioneering FX streaming in China in 2007, and developing low-latency containerised trading architecture in 2020.

Other Recent Appointments

Last year, Edgewater Markets brought two senior professionals to its leadership team. Raja Thakur joined the firm as the Director of Institutional Sales. Besides that, Ben Rogan was enlisted as an Executive Director and the Head of Compliance for Edgewater Markets London, the firm’s UK entity regulated by the Financial Conduct Authority.

Meanwhile, Edgewater Markets integrated with financial technology company Gold-i by linking its trading infrastructure with Gold-i’s MatrixNET liquidity management platform.

According to the announcement, the integration enables Gold-i clients to access Edgewater’s precious metals, foreign exchange, and non-deliverable forwards liquidity, while providing Edgewater’s clients with Gold-i’s liquidity management capabilities.

Edgewater Markets has reportedly operated its prime brokerage business since 2006 and introduced an institutional-only margin business in 2023.

This article was written by Jared Kirui at www.financemagnates.com.ExecutivesRead More

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