Finery Markets hires Tom Gould to handle partnerships of OTC multi-dealer crypto marketplace
“With his outstanding background and prosperous track record in both traditional financial markets and digital assets, Tom brings valuable knowledge that will play a crucial role in propelling our growth strategy through partnerships.”
Finery Markets has appointed Tom Gould as Director of Strategic Partnerships to help drive the company’s growth strategy.
The 25-year industry veteran’s financial services career includes senior roles at Bank of America, Credit Suisse, ABN Amro, as well as crypto exchange OKX operator OKGroup, and LMAX.
The hiring of Tom Gould comes as part of an ongoing effort in building their new senior leadership team and comes days after the appointment of ex-Exness Stanislav Bublik as Chief Product Officer.
Finery Markets is backed by former CEOs of New York Stock Exchange, Thomson Reuters, and Instinet, and led by chief executive Konstantin Shulga.
Finery Markets leading the Crypto OTC model
As opposed to the relatively common model of centralized crypto exchanges driven by retail flow, Finery Markets offers a non-custodial solution for over-the-counter bilateral trading for institutions. The firm has recently tapped Bequant’s prime brokerage services to expand its liquidity offering.
The collaboration came on the heels of Finery Markets launching its FM Liquidity Match service, aimed at providing institutional market players and crypto businesses with streamlined access to over 150 crypto-to-crypto and fiat-to-crypto pairs via prime brokers like Bequant.
Launched in April 2023, FM Liquidity Match is designed to be a comprehensive solution that enables market players to launch a fully electronic OTC trading business and manage client relations throughout the entire trade cycle. Developed in-house by Finery Markets, the platform comes with a proprietary matching engine and operates through a sub-account model, allowing for easy customization and management of risk limits, positions, and trading history.
Finery Markets is a leading OTC multi-dealer electronic marketplace for crypto businesses and institutions and a trading solutions provider for crypto markets. The company offers clients a robust offerig with:
■ High performance execution venue with deep institutional liquidity and firm quotes
■ Price intelligence and pre-trade risk management tools
■ Position management, risk controls, reporting tools and cost analysis, as well as flexible settlement based on a non-custodial model
■ Single entry-point to aggregated liquidity from global liquidity providers via API and GUI
■ Robust infrastructure: 99.99+% uptime and full automation
Finery Markets platform is also available as a white-label solution for prime-brokers, OTC desks and exchanges that are looking to develop and expand client business.
Tom Gould joins Finery Markets after OKX and LMAX Exchange
Tom Gould brings a wealth of knowledge and expertise to his new role of Director Strategic Partnerships. Prior to joining Finery Markets, Tom served as the Head of North American Sales at OKGroup, the second-largest crypto group in the world, OKX. During his tenure, he successfully led the sales effort, increasing market share fourfold, and played a key role in the business growth led by hedge fund and commodity trader advisors, as well as the introduction of new products such as OKX options and block trading.
Before his time at OKGroup, Tom held the position of Head of North American Sales at LMAX Exchange, a UK-regulated exchange for spot FX trading and digital assets. Under his leadership, LMAX Exchange experienced significant growth, with volumes increasing over 50% year over year, surpassing the competition. Tom also played a pivotal role in expanding the client base and enhancing the LMAX brand in both the FX and digital markets.
Konstantin Shulga, CEO of Finery Markets said: “We are delighted to welcome Tom to Finery Markets as our new Director of Strategic Partnerships. With his outstanding background and prosperous track record in both traditional financial markets and digital assets, Tom brings valuable knowledge that will play a crucial role in propelling our growth strategy through partnerships. We are thrilled to leverage his achievements to attain exceptional results and strengthen Finery Markets’ standing as a prominent frontrunner in the digital assets industry.”
Commenting on his appointment, Tom Gould said: “I am honored to be a part of the Finery Markets team, where I can utilize my extensive expertise to forge impactful alliances and lead the charge in sales. Collaborating with the talented team at Finery Markets, I am eager to employ my skills, professional network, and expertise to achieve extraordinary outcomes.”
