BestEx appoints Hector Robles to expand algo execution platform
BestEx Research launched their suite of futures algorithms in early 2021, tailored specifically to futures market structure.
BestEx Research Group has appointed industry veteran Hector Robles as Managing Director of Business Development, reporting to Founder and CEO Hitesh Mittal.
The provider of high-performance algorithmic execution and measurement solutions for equities, futures, and foreign exchange trading as chosen Robles in order to aggressively expand its footprint in the futures market.
Hitesh Mittal, Founder and CEO at BestEx Research, commented: “Hector is arriving at a pivotal time in our growth and we are confident that his deep knowledge of the complexities of algorithmic futures execution and his diverse experiences in senior roles at institutions large and small will help drive our expansion across markets and deliver our best-in-class solutions to a broader audience.”
Bringing more than 15 years of electronic trading and transaction cost analysis (TCA) expertise to the table, the appointment of Hector Robles marks the latest in a string of significant leadership announcements, including the appointments of John King and David Conner to BestEx Research’s Client Services team in March 2021.
Hector Robles joins BestEx Research from RCM-X, where he headed the distribution of its algorithmic and quantitative trading products.
Prior to that, he was Executive Director of Quantitative Execution, where he was responsible for the distribution of UBS’s algorithmic execution strategies in futures, foreign exchange, and fixed income across the Americas.
He also served as Global Head of Electronic Trading for futures at Mizuho Securities and held senior sales and product roles at Quantitative Brokers.
Hector Robles, Managing Director of Business Development at BestEx Research, commented: “I am thrilled to join Hitesh at BestEx Research, a company I’ve admired for its commitment to research, innovation, and data-driven solutions to algorithmic trading challenges. There is significant demand for BestEx Research’s advanced algorithms in the futures market. I look forward to working with this client-centric team and the most sophisticated trading platform available for futures.”
BestEx Research launched their suite of futures algorithms in early 2021, tailored specifically to futures market structure.
The algorithms are part of their algorithm management ecosystem, which offers complete transparency into algorithm behavior, pre- and post-trade analytics, and user-specified strategy customization.
The company claims to be the only trading platform with full backtesting capability, realistically simulating performance according to the specific matching rules at each futures exchange globally.
BestEx was founded in 2017 as a broker-neutral provider of execution algorithms with a user-friendly dashboard and transaction cost analysis for multiple asset classes.
