O’Hara Takes on QB Chair Role

Matt O’Hara, CEO of 360T’s Americas business, has taken on the additional role as executive chair of the board of Quantitative Brokers, which is also owned by Deutsche Börse. His appointment will be in effect from 30 June, and O’Hara replaces Thomas Ascher, who has served in the role for five years.

“Matt O’Hara brings an impressive track record spanning over 20 years, marked by his success in building scalable and profitable trading businesses,” says Christian Hauff, CEO of Quantitative Brokers. “[He] 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.”

The firm says Ascher played a key role in QB’s transformation from a PE-backed company to completing the majority acquisition by Deutsche Börse in late-2020. It adds he also cultivated a research-driven culture and expertise in algorithmic engineering within the organisation. “Tom’s strategic guidance and field experience in the industry enabled building the actionable portfolio of growth opportunities in front of us,” Hauff says.