CBOE Expands Its European Team with Hiring of Senior VP

Karthik Subramanian

CBOE Europe, a pan-European exchange operator and which is a part of CBOE Group based in the US, has expanded its European team with the hiring of Natan Tiefenbrun as its Senior Vice President, Head of European Equities.

CBOE Group has been trying to rapidly expand its footprint across a variety of markets in Asia and Europe and this move is also seen as a push towards this direction. With this, they would be further looking towards these markets to give a push to their revenue.

Natan has been Managing Director, EMEA Execution Services at Bank of America (BofA) where he has been since 2013. At CBOE Europe, Natan will be looking into Cboe’s European equities trading business, reporting to David Howson, EVP, President Europe and Asia-Pacific, Cboe Global Markets. Natan will be based out of London where much of the world’s financial firms have set up shop.

“We are thrilled to have Natan join the team. He has a long and highly successful track record in European equities trading and brings a unique skillset to Cboe,” Howson said. “We are excited to leverage his expertise and extensive industry relationships in support of our strategic growth plans and enhance our position as one of the top European equities exchange operators.”

Prior to being with the Bank of America, Natan was with the London Stock Exchange Group and it is clear that he brings in a wealth of experience in the European markets and it seems to be a good hire for the CBOE Group company.

The company had reported some strong trading volumes recently and with the world looking to slowly and steadily come out of the pandemic, it is likely that more and more traders would be interested to start taking some risks again. Last year was a dull business for a lot of brokers and exchanges due to the pandemic and due to the need of the traders to limit their risks.

But with the vaccine being rolled out in several countries, it is expected that the risk appetite of the traders would increase in the coming months and it is clear that many of the financial services companies are preparing themselves to welcome back the traders with some strong technology improvements and sales offer as well.

Cboe Europe is also planning to expand into equity derivatives through the launch of Cboe Europe Derivatives as it awaits regulatory approvals for the same, which are expected to arrive in September 2021.

Read this next

Metaverse Gaming NFT

DCentral Miami brings together all of Web3, NFT, DeFi, Metaverse

The world’s biggest Web3 meeting entitled DCENTRAL Miami is set to take place November 28-29, featuring a lineup of some of the biggest and most influential names in the blockchain space.

Digital Assets

Crypto ban expands across UK banks as Starling joins ‎crackdown

UK digital bank Starling has banned ‎all customer payments related to cryptocurrencies, another blow for the crypto traders ‎who recently saw a sizable number of banks deciding not to ‎finance the wobbly asset class.‎

Interviews

Markets Direct at FIA EXPO 2022: Traders know what they want from brokers

The FIA Expo 2022, one of the most prestigious events within the global derivatives trading industry, took place in Chicago on 14 & 15 November.

Interviews

FIA Expo 2022: TNS addresses public cloud limitations with hybrid infrastructure

November is the month of the FIA Expo, one of the largest futures and options conferences in the world, bringing together regulators, exchanges, software vendors, and brokers in one place: the Sheraton Grand Chicago Riverwalk. 

Retail FX

Italy’s regulator blacks out Finance CapitalFX, MFCapitalFX

Italy’s Commissione Nazionale per le Società e la Borsa (CONSOB) has shut down new websites in an ongoing clampdown against firms it accuses of illegally promoting investment products in the country.

Retail FX

Suspected leader of Honk Kong ramp-and-dump scam appears in court

A leader of a sophisticated ramp-and-dump scheme made his first court appearance in a Hong Kong court today, charged with market manipulation and various criminal offences. The case stems from an earlier joint operation of Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), and the local police. 

Institutional FX

Cboe’s James Arrante discusses growing demand for fixed income, FX algo

We caught up with James Arrante, senior director of FX & US treasuries product and business management at Cboe Global Markets, to uncover emerging trends in the FX and fixed income markets and learn more about the bourse operator’s recent initiatives.

Retail FX

Eurotrader acquires UK broker Petra Asset Management

Eurotrader Group has formally entered into the UK market with the acquisition of FCA-regulated broker, previously named Petra Asset Management Ltd. The new entity operates under the brand name Eurotrade Capital Ltd.

Inside View, Retail FX

The Game of Chess Continues – OPEC, China and the Oil Market

Over the past decade, the US has been complaining about the amount of power which the BRIC group, and specifically China, has on the global economy. BRIC stands for Brazil, Russia, India and China; these were the world’s fastest growing economies. Only in the past 10 months, the US has turned their attention toward OPEC due to the prices of fuel. Nevertheless, China seems to have a strong influence even over the price of crude oil.

<