As it moves to continue to grow its business and market share in the Far East, institutional FX broker and liquidity provider LMAX Exchange Group has announced the appointment of Quentin Miller (pictured above) to the newly created position of Head of Institutional FX for Asia Pacific.
Quentin Miller will be based in Singapore. He will be responsible for growing the LMAX Exchange institutional business in the region and will report to Scott Moffat, the Managing Director for Asia Pacific at LMAX Exchange.
Quentin Miller brings extensive FX industry experience and regional expertise to LMAX Exchange, joining from Standard Chartered PLC (LON:STAN) where he was Executive Director of eTrading in Singapore. His banking and trading career also includes senior roles at Commerzbank, RBS, JP Morgan Chase in Singapore and London.
This appointment further enhances LMAX Exchange distribution capabilities in the institutional client segment and builds upon the already established regional presence, which includes a matching engine in Tokyo (TY3) as well as a sales and operational hub in Hong Kong.
Commenting on the appointment, Scott Moffat, Managing Director Asia Pacific at LMAX Exchange said:
We see a huge opportunity in the region for LMAX Exchange among banks, brokerages, funds and asset managers. Driven by industry initiatives and regulatory reforms, the market is moving towards firm liquidity as clients require transparency, precision and consistency in execution. Furthermore, only trading on a central limit order book with streaming no ‘last look’ liquidity enables institutional investors to have full control of their trading strategies and their execution costs. Given such growth potential for LMAX Exchange in the industry, Quentin’s wealth of experience of the regional institutional marketplace will be a major asset for our growth in Asia Pacific.