First Derivatives appoints Steve Fisher as Non-Exec Director

Maria Nikolova

The appointment of Steve Fisher as a Non-Executive Director of the Group is effective September 15, 2020.

Fintech company First Derivatives plc (LON:FDP) today announced the appointment of Steve Fisher as a Non-Executive Director of the Group. The appointment is effective from September 15, 2020.

Mr Fisher has vast experience in the area of product development in technology and software ranging from telecoms to enterprise software and online transaction platforms. He was formerly Chief Technology Officer of eBay Inc. (NASDAQ:EBAY), where he led the core product and technology team responsible for eBay marketplace, eBay’s Global Payments Business and its multi-channel marketing platform and operations team. Prior to that he spent 10 years at salesforce.com in software engineering and product management leadership roles, culminating in leading the technology team responsible for the development, quality, service delivery and operations of its Customer Relationship Management (CRM) and collaborations software and the force.com cloud platform.

Steve Fisher has also held senior technology development positions within telecoms and networking, including at Apple and AT&T Labs.

Mr Fisher’s expertise in the development and scaling of market-leading enterprise software will assist the expansion of the Kx streaming analytics platform into other industries adjacent to and outside of its capital markets heritage.

He is a named inventor on 21 patents and holds a Bachelor of Science degree in Mathematical and Computational Science and a Master of Science degree in Computer Science, both from Stanford University.

Commenting on his appointment, Steve Fisher said: “As the pace of digital transformation across industries continues to accelerate, the capture and analysis of real-time data at scale to drive decisions has become a top priority for businesses. I see significant opportunities for Kx to underpin the data management and analysis infrastructure businesses require to extract the full value of their data. I am delighted to join the FD Board as a Non-Executive Director and look forward to contributing to the Group’s success.”

Read this next

Retail FX

Italian watchdog red flags Olympus Brokers, UnicoFX and Allfina Group

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

XTB revenues hits zł1.45 billion in 2022, Q4 earnings disappoint

Poland-based Forex and CFDs broker, XTB has reported its final results for Q4 of 2022 and the full fiscal year ending on December 31, 2022, showing one of its most successful corporate years.

Executive Moves

Lirunex Limited recruits Waleed Salah as head of MENA sales

Maldives-based brokerage firm Lirunex Limited has secured the services of Waleed Salah, who joined the company in the role of its head of sales for the MENA region.

Executive Moves

Trading 212 parts ways with co-founder Borislav Nedialkov

Trading 212 has a void to fill at its FCA-regulated business in London, following the departure of two key players, Raj Somal and Borislav Nedialkov.

Digital Assets

Binance acquires troubled crypto exchange GOPAX

Binance, the world’s largest digital asset trading platform, has reportedly acquired a majority stake in the troubled South Korea-based cryptocurrency exchange GOPAX.

Digital Assets

Kraken exits Middle East, closes UAE office

Digital currency exchange Kraken will close down its operations in Abu Dhabi, UAE and lay off the majority of its team focused on the Middle East and North Africa.

Industry News

CFTC comments on ION Cleared Derivatives issues after Russian-linked hack

“The ongoing issue is impacting some clearing members’ ability to provide the CFTC with timely and accurate data. As this incident unfolded, it became clear that the submission of data that is required by registrants will be delayed until the trading issues are resolved.”

Industry News

FCA took down 14 times more misleading ads in 2022 thanks to technology

The FCA has made significant improvements to the digital tools it uses to find problem firms and misleading adverts. These improvements have enabled it to work through a much larger number of cases compared with 2021.

Executive Moves

HKEX appoints ex-Goldman Sachs Matthew Cheong to lead platform’s focus on derivatives

“He has worked for a number of the world’s leading investment banks and his experience will be invaluable to HKEX as we continue to enhance our derivatives product offerings and build on our innovative and robust platform business, connecting capital with opportunities.”

<