Saxo Markets UK appoints 40-year veteran Peter Morris as COO

Rick Steves

“Peter’s depth and breadth of expertise across the trading and technology landscape will be a huge asset to the firm at a time of great growth potential for the industry which will undoubtedly bring more opportunities for differentiation through technology, strong operational foundations and risk management.”

Saxo Bank has appointed Peter Morris as the new Chief Operating Officer of the UK operation, Saxo Markets UK Limited. The industry veteran has also joined the board of the multi-asset trading specialist.

Bbased in London and reporting to chief executive Charles White-Thomson, Peter Morris joins Saxo Markets UK following the recent appointment of seasoned industry figures Nicholas Wilcock and Michael Ridley to the board as Non-Executive Directors.

As seasoned as it gets

Peter Morris is a dinossaur of the trading industry, having spent more than 40 years across financial institutions and established financial technology companies.

He has seen it all as he worked for a number of big names, including Cognizant, Broadridge Financial Solutions, Smartstream Systems, BGC/Cantor Fitzgerald, Commerzbank, Nomura, and Lehman Brothers.

Saxo Markets UK will be able to leverage his significant expertise managing operations across finance, IT, risk management, legal, and compliance.

Charles White-Thomson, Chief Executive Officer of Saxo Markets UK, commented: “Peter’s depth and breadth of expertise across the trading and technology landscape will be a huge asset to the firm at a time of great growth potential for the industry which will undoubtedly bring more opportunities for differentiation through technology, strong operational foundations and risk management. We are delighted to have him on board.”

Peter Morris, Chief Operating Officer, said: “Saxo has always placed a strong emphasis on operational robustness, and this is evidenced in the fact that its retail clients have long benefited from the institutional-like experience. I am excited to help the firm continue to lead on operational resilience as the sector grows in both size and complexity.”

Nicholas Wilcock and Michael Ridley joined as NEDs

Earlier this month, Saxo Markets UK appointed Nicholas Wilcock and Michael Ridley as non-executive directors, bringing 65  years of collective experience spanning commercial, regulatory and operational roles with leading organizations.

As non-executive directors, Nicholas and Michael will provide independent advice, deliberation and review at a time when the business continues to expand its offering in the trading and investing space.

Nicholas Wilcock brings over two decades of expertise as a board-level advisor to banks and brokers. Prior to his consulting role, he spent the bulk of his career at Credit Suisse, where he held a number of positions, including EMEA deputy COO. During this lengthy tenure, he was tasked with dealing with a wide range of multi-jurisdictional regulatory issues.

Meanwhile, Michael Ridley joins the Danish broker with vast experience in investment banking, with focus on sovereigns and financial institutions. Prior to landing at Saxo, he spent 17 years at JPMorgan’s securities arm where he served on the board for seven years as well as holding the position of vice chairman of investment banking, and global head of fixed income syndicate, among others.

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