London Stock Exchange appoints Arne Staal as Head of Research and Product Management, ISD

Maria Nikolova

In this newly created role, Arne Staal will lead the two complementary areas of the Information Services Division.

London Stock Exchange Group (LSEG) today announces the appointment of Arne Staal as Head of Research and Product Management, Information Services.

In this newly created role, Mr Staal will lead the two complementary areas of the Information Services Division, linking up research and thought leadership to product strategy and product development. The combined function will involve close collaboration with sales and other client facing and operational functions.

Arne Staal joins LSG from Aberdeen Standard Investments where he served as Global Head of Macro Systematic Strategies and Macro Risk. He brings in-depth knowledge of indexing, analytics and data platforms, as well as active, passive and systematic investment management. He also has a track record of innovative product development and solutions design with a focus on efficient and scalable problem-solving through data science and technology. Mr Staal’s previous roles include Head of Product Research & Innovation at BlackRock for iShares; European Head of Index Products & Strategy at Barclays Capital; and Head of Quantitative Strategies at Standard Life Investments.

Waqas Samad, Group Director of Information Services, LSEG commented:

“I am delighted to welcome Arne to LSEG in this newly created role within the Group’s Information Services division. He brings a wealth of experience of the indexing and analytics business having held a number of senior positions across the investment industry. I look forward to working with Arne to deliver on our strategy to be a leading provider of research, data and product working in partnership with our customers.”

Read this next

Digital Assets

Binance US weighs plans to go public, CEO CZ says

Binance.US, the American outpost of the world’s biggest crypto exchange, has seemingly plans to follow Coinbase’s path and go public one day.

Retail FX

FX volumes, number of active clients boom at Exness in June 2021

The latest group of retail FX platforms to report their monthly volumes indicate that June was a busier month all round, with Exness setting its second-highest monthly volumes on record.

Industry News

Individuals impersonating CySEC representatives draw warning from Cyprus watchdog

The Cyprus financial watchdog said on Friday there was evidence of fraudulent impersonation of its officials who are engaged with firms under CySEC’s supervision.

Digital Assets, Inside View

SEC v. Ripple angers XRP holders as rival Stellar (XLM) mixed in “love triangle” over MoneyGram

“Although the SEC claims that all XRP are unregistered securities and Brad Garlinghouse and Chris Larsen unjustly enriched themselves, it allows Ripple Co-founder JedMcCaleb to sell his XRP for hundreds of millions of dollars to possibly buy MoneyGram. Makes perfect sense”, said XRP Holders’ attorney John Denton ironically.

Industry News

Monex loses second appeal in CFTC anti-fraud enforcement action

Since Dodd-Frank that such trading must be conducted on a regulated exchange, and that the offeror must be registered with the CFTC.

Technology

Profile Software announces automated custody platform and mobile tech

The upgraded version of Axia Custody offers advanced functionality for multi-custodian operations across borders for a competitive multi-channel international-level client experience.

Industry News, Institutional FX

IHS Markit to pay CME Group $113m amid EU approval of post-trade JV

IHS Markik, at the same time, is being acquired by S&P Global Inc for $44 billion in stock, subject to approval as well.

Digital Assets

India’s Central Bank working towards implemention of digital currency

The Deputy Governor of the Reserve Bank of India, T Rabi Sankar, has said that the central bank was working towards a phased implementation of a central bank digital currency and is in the process of introducing it for wholesale and retail segments shortly.

Industry News

Visa acquires Currencycloud to facilitate global funds movement

Visa has announced the acquisition of Currencycloud, which provides APIs which help institutions with remittance and currency exchange capabilities in a deal that is valued at $963 million.