Ashworth Named Independent Chair of FXSpotStream

LiquidityMatch, the parent company of FXSpotStream, has appointed John Ashworth as independent chair of its board of directors.

Ashworth currently serves as CEO of trading system provider Caplin Systems and has a background of over 30 years in technology. Starting his career at IBM, he has gone on to leadership and board roles with FX focused businesses including Fenics, GFI, Apama, FXall and Caplin.

“As we continue to mature and expand as a business, there is a need to add senior leadership with a strong background in independent governance and technology, and John brings both of these to the table,” says Jeff Ward, CEO of FXSpotStream.

“The growth of FXSpotStream has been exceptional, and the firm is quickly closing in on having supported 100 trillion in client volumes since the company’s inception,” adds Mark Meredith, current board chair and head of e-FX trading at Citi. “As the business, led by Jeff and his leadership team, continues to focus on growth and strategic direction, the board felt adding John’s expertise in the role of independent chair would only enhance this momentum.”