Cboe continues its expansion in APAC through new Sales Team Hire

Karthik Subramanian

Cboe Global Markets, one of the largest markets infrastructure companies that also provide tradable products, has announced that it has hired Albert Tortensson for its Data and Access Solutions Division as the Director of APAC Market Data Sales.

CBOE LIVEVOL

The role is based out of Hong Kong and Albert would be responsible for expanding the market for the data and analytics of Cboe solutions all across the APAC region. He has wide experience in sales in this region as he was the Business Development Manager at AlphaSights where he helped the company to grow its presence in the APAC region.

Wide Experience in Sales

He had also worked with Worldwide Research as a sales executive and project manager and all this experience is expected to hold him in good stead during his tenure at Cboe. In this new role, he would be reporting to Kevin Maude, Head of Market Data Sales at Cboe Global Markets.

Commenting on the new hire, Kevin stated: “As Cboe continues to expand into new regions and markets around the world, we are focused on expanding our team to keep pace with growing customer demand globally for Cboe’s data and analytics. Albert brings strong client relationships and a deep understanding of the APAC markets, and we are excited to leverage his expertise to further serve new and existing customers in this region.”

Cboe Looking to Expand

In recent years, Cboe has continued to grow its global data and analytics business by diversifying its products, services, and technology offerings on a global scale. Cboe’s Data and Access Solutions offer a comprehensive and holistic array of data, analytics, and execution services for various parts in the full lifecycle of a trade. Cboe has been aggressively looking to expand its footprint globally in recent years as the competition heats up in the American and European regions with many players creating a sense of saturation in the exchange space.

This is the reason why the company has been looking to market its other solutions and platforms rather than just focussing on its core business. In this manner, it is hoping that it would be able to expand both horizontally as well as vertically and its current focus seems to be in the APAC region as it believes that the exchange business there is still in a growth stage and there seems to be plenty of opportunity in that region for now.

Read this next

Inside View

Crypto Liquidity Providers: No Transaction, No Party!

One of the most integral parts of trading cryptocurrencies is ensuring seamless transactions; however, this is not always easy when you first start using cryptocurrency exchanges.

Digital Assets

Niftables launches white label NFT platform for content creators and brands

Niftables is the go-to platform for brands and creators looking to realize their NFT vision — whether they’re an individual or the biggest entertainment company in the world.

Retail FX

ACY Securities sponsors Table Tennis NSW as CFD broker bets in Australia’s youngest

ACY Securities has partnered with Table Tennis New South Wales (TTNSW) for a two-year sponsorship agreement intended to highlight the Chatswood-based multi-asset CFD broker’s brand in Australia, with a focus on the southeastern state.

Executive Moves

Peter Hetherington appointed CEO of Capital.com, Currency.com, and Shares.com

With his extensive experience driving strategy and growth for leading wealth and brokerage firms in highly regulated markets, Peter is the ideal CEO to lead the Group on its next chapter of growth and success.”

Digital Assets

Crypto platform Elwood raises $70m from Goldman Sachs, Dawn, Barclays, BlockFi, Flow, Galaxy, more

Elwood Technologies has closed a $70 million Series A funding round co-led by Europe’s largest B2B investor Dawn Capital and global investment bank, Goldman Sachs.

Industry News

Wilshire to launch Climate Change 1.5℃ Target Index with Nikkei and Hang Seng

Wilshire has announced a collective launch with Nikkei and Hang Seng to bring to market the first in a series of indexes empowering investors to transition their investments towards a low-carbon and climate resilient economy.

Industry News

Anne Boden’s Starling Bank bets big on UEFA Women’s EURO 2022 tournament

Starling Bank has launched a campaign ahead of the UEFA Women’s EURO 2022 tournament as part of its national sponsorship, the biggest ever for the bank.

Industry News

Older adults flock to financial apps as Revolut reports 215% more UK users aged 55-74 since pandemic

Data has also shown that older adults are back to travelling as the 55-64 UK age group has seen a tenfold increase in the amount spent in foreign countries over the past two years, and the 64-75 age group isn’t far behind with an 840% increase.

Industry News

Ripple replies to SEC’s last attempt and “shoves it down their throats pretty hard”

“The SEC really messed that up. How can Hinman receive legal advice from SEC lawyers for a personal opinion?”, attorney Hogan commented.

<