Quantitative Brokers appoints 360T’s US CEO Matt O’Hara as Executive Chair
“O’Hara brings a deep understanding of the demands from both the buy- and sell-side for next-generation electronic trading and workflow solutions and his expertise will be invaluable in driving QB’s growth.”
Quantitative Brokers has appointed Matt O’Hara as the new Executive Chair of the Board of Quantitative Brokers (QB) after five years of Thomas Ascher’s leadership.
Starting this month, Matt O’Hara assumes the role of Executive Chairman of the QB Board, in addition to his primary responsibilities at sister company 360T, where he is CEO of 360 Trading Networks, Inc., the Americas division of 360T, Deutsche Boerse’s foreign exchange trading venue.
QB stated that the handover of the Executive Chair position from Ascher to O’Hara signifies the firm’s unwavering commitment to trading innovation and excellence in the financial technology sector.
QB offers algos and analytics on listed futures, options, and OTC rates
Quantitative Brokers (QB) is an independent, global financial technology company that provides advanced algorithms and data-driven analytics to clients in the Futures, US Cash Treasury, and Options markets.
Built on a research-driven culture, market microstructure know-how, and algorithmic engineering expertise, QB develops and innovates an evolving suite of products to reduce implicit client trading costs. Headquartered in midtown Manhattan, QB has branch offices in London, Sydney, and Chennai. QB is part of the Deutsche Börse Group.
QB currently supports the world’s largest exchanges, covering over 100+ futures instruments and US Cash Treasury markets. QB’s robust suite of premium algorithms — Bolt, Strobe, Legger, Closer, Octane, The Roll and Striker — help futures and fixed-income traders achieve best execution, while reducing implicit trading costs.
QB’s algorithms are provided in common EMS/OMS platforms, via the firm’s proprietary application on the Bloomberg App Portal, or directly via FIX.
Deep understanding of electronic trading and workflow solutions
Christian Hauff, CEO of Quantitative Brokers, said: “Matt O’Hara brings an impressive track record spanning over 20 years, marked by his success in building scalable and profitable trading businesses. O’Hara brings a deep understanding of the demands from both the buy- and sell-side for next-generation electronic trading and workflow solutions and his expertise will be invaluable in driving QB’s growth.
FinanceFeeds spoke with Matt O’Hara earlier this year at TradeTech FX about 360T being recognized as Best Market Data Provider at the eFX Awards 2022, Best Sell-Side Trading Initiative at the Sell-Side Technology Awards 2022, and Best Buy-Side Execution Venue at the Buy-Side Technology Awards 2022.
Matt O’Hara joined 360T in 2015 from Thomson Reuters where he was a Senior Vice President and Head of Capital Markets in the Americas. At 360T, his primary responsibilities encompass driving growth and business activities in Americas.
QB is a renowned for its advanced algorithms and data-driven pre- and post-trade analytics in listed futures, options, and OTC rates markets. Thomas Ascher contributed to its success, namely playing a key role in QB’s transformation from a PE-backed company to completing the majority acquisition of DBG in late-2020. He also cultivated a research-driven culture and expertise in algorithmic engineering within the organization.
“Tom’s strategic guidance and field experience in the industry enabled building the actionable portfolio of growth opportunities in front of us”, Hauff commented.