NowCM hires Daniel Marcus, former CEO of Trad-X and Par-X at Tradition
Daniel helped to create and was the CEO of two consortium-based electronic trading platforms (Trad-X and ParFX) and acted as the primary point of contact with central banks, regulators, trade associations and administrators.
NowCM has hired Daniel Marcus, former co-head of Tradition EMEA as a strategic advisor.
Daniel Marcus will bring a wealth of experience and insight to the European regulated cloud-native platform and marketplace that allows access, process optimization and price discovery to reshape the global primary bond market.
Daniel Marcus joins NowCM after key role at Tradition
Daniel Marcus, Strategic Advisor at NowCM, said: “I am excited to be working with NowCM to assist in its growth strategy. Efficiency, cost-saving and democratisation of both access for issuers, banks and investors are subjects that are close to my heart, and I look forward to assisting Robert Koller, CEO and Founder of NowCM, and the NowCM team to expand their global footprint.”
Robert Koller, CEO and Founder at NowCM, said: “I am delighted that NowCM is gaining such a proven industry expert and leader as Daniel. I am convinced that Daniel’s skills will perfectly line up with the dynamic development of the company’s business goals to transform capital markets and solve real-life problems and challenges of banks, issuers and investors.”
His nearly two decades working in both business and legal environments within financial markets saw him rise to a leadership position at Tradition EMEA, one of the world’s largest interdealer brokers in over-the-counter financial and commodity related products.
Daniel helped to create and was the CEO of two consortium-based electronic trading platforms (Trad-X and ParFX) and acted as the primary point of contact with central banks, regulators, trade associations and administrators.
He was instrumental in the creation of the ICE Swap Rate and the implementation of a similar solution to the successor for LIBOR – Term SONIA – in partnership with the industry. He also helped create the CCP switch service. He was previously General Counsel at Tradition.
Prior to this, he was Senior Counsel at the London Stock Exchange, where he was responsible for regulatory, IT, corporate and commercial legal work.
Daniel Marcus, who is also CEO of business consultancy company MarcX, is a thought leader that authored various articles, op-eds and publications, appeared as a subject matter expert on television, radio and industry panels, and wrote many submissions to industry-wide consultations,
