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.

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.

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