Whelan Confirmed at SGX FX
Posted by Colin Lambert. Last updated: October 16, 2024
As reported by The Full FX on 17 September, Hugh Whelan has joined SGX FX, the OTC business of Singapore Exchange, in London as head of liquidity management and data strategy.
SGX says the hire reflects its commitment to liquidity provision and data innovation, adding Whelan will be responsible for driving the strategic direction and growth of the liquidity provider client segment, as well as the development of data products within the SGX FX business. His role will include building relationships with key sell-side clients, identifying new business opportunities, and enhancing platform capabilities to meet the needs of the liquidity provider community.
Whelan was last at CME Group, where he transitioned with the EBS business, having successfully led the launch and strategic evolution of EBS Direct after joining in 2013. Prior to that he spent over eight years in the e-FX business at Dresdner/Commerzbank, having joined the former from over three years at Mizuho.
“[Hugh’s] vision and expertise in building strategic partnerships with liquidity providers and technology service vendors worldwide will be instrumental in this next chapter of our growth,” says Jean-Philippe Malé, president at SGX FX. “With his proven track-record in FX markets, Hugh is uniquely positioned to lead our efforts in enhancing our platform and expanding the SGX FX franchise globally.”
Whelan adds, “I am thrilled to join SGX FX at such an exciting time in the company’s growth. I look forward to collaborating with the team to enhance our platform offerings and ensure we maintain a competitive edge in a fast-evolving market.”