First Derivatives appoints Seamus Keating as CEO

Maria Nikolova

Seamus Keating succeeds the Group’s founder, Brian Conlon, who passed away in July 2019.

Fintech company First Derivatives plc (LON:FDP) today announces the appointment of Seamus Keating as its Chief Executive Officer. The appointment is effective immediately.

Mr Keating succeeds the Group’s founder, Brian Conlon, who passed away in July 2019.

Seamus Keating has extensive leadership experience in the global technology sector, including executive roles in both finance and operations in multi-national technology companies. He has held a number of senior roles at Logica plc until its acquisition in 2012 by CGI Group, including Chief Financial Officer, Chief Operating Officer, President of the Benelux region and chair of its worldwide Financial Services practice. Since 2012 he has worked with a number of growing technology businesses in the private and public markets as chairman and non-executive director.

Mr Keating appointed a Non-Executive Director of First Derivatives in December 2012 and Chairman in July 2013.

Also today, First Derivatives announces that Non-Executive Director Donna Troy has been appointed Chairman of the Group.

Donna Troy has vast expertise in both senior executive and non-executive roles within multi-national technology companies. She has held CEO, division general management and sales leadership roles in organisations including IBM, Partnerware, McAfee, SAP, Dell and Epicor, delivering revenue and margin growth and implementing global go-to-market strategies. She currently holds non-executive roles at Pivot3, TIBCO, Aptean and Curvature and was appointed a Non-Executive Director of First Derivatives in January 2018.

Following his appointment as CEO, Seamus Keating has stepped down from the Board committees of which he was a member. The Nomination Committee will now be chaired by Virginia Gambale. A search process has been launched for additional Non-Executive Directors.

Read this next

Digital Assets

Societe Generale launches its own cryptocurrency, EURCV

French banking giant Societe Generale has launched its own euro-pegged stablecoin, EUR CoinVertible (EURCV). This move by France’s third-largest bank reflects the increasing trend of mainstream financial institutions embracing cryptocurrencies on a global scale.

Executive Moves

Stelios Eleftheriou leaves NAGA Group to join BVNK

BVNK, the crypto-powered payments and banking platform for businesses, has appointed FX industry veteran Stelios Eleftheriou, who has a colorful career across the gaming industry, as Business Development Director (CFD & iGaming).

Retail FX

CAPEX.com introduce ETFs on UAE, Saudi stocks

Abu Dhabi-based broker CAPEX.com has expanded its asset class offerings to include a new suite of Exchange-Traded Funds (ETFs) tailored for the United Arab Emirates (UAE) and Kingdom of Saudi Arabia (KSA) markets.

Institutional FX

Tradeweb Markets surges past $1.80 ADV in November

Tradeweb Markets Inc. (Nasdaq: TW) has reported a total trading volume of $38.2 trillion and a record average daily volume (ADV) of $1.80 trillion for November 2023. These figures mark a 59.2% year-over-year increase.

Inside View

A Mission in Accounting

Ismael Haber, an auditor and accountant, has made it his mission to help businesses improve the quality of their financial information by eliminating fraud and error. In the next five years, the demand for these specific financial services, being external financial audits, forensic accounting, and other fraud preventive and detective services is envisaged to increase.

Institutional FX

CME Group to launch new spot FX marketplace ‘CME FX Spot+’ in 2024

US derivatives exchange, CME Group today announced plans to introduce ‘CME FX Spot+’, a novel spot foreign exchange (FX) marketplace.

Interviews

FMLS:2023: Andrew Mreana provides an exclusive sneak peek into cTrader’s 2024 innovations

cTrader’s focus for the next year would be on developing new tools for Introducing Brokers (IBs) and partners, particularly those related to algorithmic (algo) trading, the company’s head of growth told FinanceFeed in an exclusive interview at the Finance Magnates London Summit 2023.

Digital Assets

Grayscale’s Ethereum ETF stalls: SEC extends review to January 2024

The United States Securities and Exchange Commission (SEC) has extended the evaluation period for Grayscale’s proposed Ethereum spot ETF.

Institutional FX

BMLL completes China equity data offering: Shanghai, Shenzhen, and Hong Kong

“Demand for China data has never been higher. This is set against a general industry trend of increased market participant sophistication, and an increasing demand for quality historic market data to understand market microstructure and venue behaviour. Market participants need to get the full picture of market quality, liquidity and order book dynamics to ultimately make better informed decisions on the markets they trade and the venues they run.”

<