People Moves: Transcend, Tourmaline Partners, Vela, TickTrade and Citco

Transcend Hires Former MD of CloudMargin

Lis Hadingham is joining Transcend’s sales team, led by BJ Marcoullier. Her appointment coincides with the company’s growth strategy as a technology provider of real-time collateral and liquidity optimization.

With over 20 years of experience in the securities finance industry and a background in collateral management and financial technology sales, Hadingham’s skills aim to aid Transcend as it supports a growing number of clients and products.

Her previous role saw her as the managing director and a non-executive board member of CloudMargin. In this role she launched and led CloudMargin’s sales and business development initiatives in the Americas. Before her time at CloudMargin, Hadingham held senior roles at FIS, Citibank’s Capital Markets group, and spent 14 years at JP Morgan.

Tourmaline Partners Adds Senior Trader

Trading solutions firm Tourmaline Partners has announced that Joe Hodgkins has been hired as a senior trader. Based in the firm’s office in Sydney, which opened in January 2018, Hodgkins has been hired to contribute to the firm’s Asia-Pacific growth.

With over 18 years of experience in trading and markets experience in senior buy- and sell-side roles, Hodgkins previously worked at Citigroup as head of Thai equities. Before that, he spent eight years at Janus Capital in Asia.

Hodgkins’ specific areas of knowledge are electronic and program trading, block trading and utilization of transaction cost analysis to develop and improve trade implementation strategies.

Two New Management Hires at Vela

Vela, an independent provider of trading and market access technology, has announced two new hires in London and New York. Furthering the firm’s expansion of it’s global product and account management teams, Cedric Rondeaux and Ryan Hsu will join the company.

Rondeaux will be based in the London office in the role of product manager. He will report directly to the chief product officer, Ollie Cadman. Rondeaux will be responsible for setting the product strategy, and managing the roadmap for Vela’s market data business. He joins the firm from ICE Data Services, where he served for 13 years in product services, culminating in the role of senior product manager.  

Ryan Hsu will join Vela as a new account manager, based in New York. He will report directly to chief customer officer Keith Cacciola. Vela hopes that Hsu’s background as an oil derivatives broker will help him to support the firm’s automated trading platform, Metro, and its market data products, while also building and maintaining positive relationships with clients.

Prior to joining Vela, Hsu held roles at Starfuels, TP Icap and MF Global.

European Sales MD Hire at TickTrade

James Cusack is joining TickTrade, a Canadian provider of SaaS trading, global payments and analytics solutions for financial institutions, as managing director of European sales. Founded in 2013, the company has operations in North America, Europe and Asia.

Cusack has 15 years of experience in the financial markets sales space. He built his career in London as an FX and money market dealer at HSBC. Most recently, he was local head of sales at Caplin Systems, based in London. Before that, he held directorships at two ECNs, Integral, and FXall’s Orderbook.

Citco Grows Middle Office Solutions Business

The Citco Group of Companies (Citco) has announced the appointment of Ryan Fitzgerald as head of middle office solutions. The new hire is part of a strategic investment by Citco to grow its middle office offering and further develop the business line.

Fitzgerald joins from Hazeltree Fund Services, a specialist treasury management solutions provider to the buy side, where he was managing director for six years. Prior to that, he started his career as a manager at UBS for four years, before going on to work in multiple operations roles at AXA Financial, Goldman Sachs, and JWM Partners.