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Screenshot of a breaking news alert e-mail from Q2 2017
BTIG, LLC announced today that Gareth Thomas has joined the firm’s Forex Trading Group. Based in New York, Mr. Thomas will drive the development of BTIG’s electronic foreign exchange platform, TradeSave FX, a low-touch technology for advanced direct market access.
“Gareth joins us following a distinguished career within foreign exchange trading,” said Anton LeRoy, COO of BTIG. “His broad range of experience includes client coverage for premier institutional asset owners sourcing liquidity and building FX aggregation technology.”
Mr. Thomas joins BTIG as a Director of TradeSave FX. Prior to BTIG, he was a Sales Director at FastMatch, where he developed, maintained and strengthened client relationships within the electronic FX market.
Previously, Mr. Thomas was Head of Foreign Exchange Trading at Mint, a division of BGC Capital. Earlier in his career, he held similar roles at GFT/Gain Capital, Crédit Lyonnais and NatWest Treasury in New York, London and Copenhagen.
“BTIG’s Foreign Exchange Trading Group continues to add value by offering clients a unique set of tools and resources to access global FX liquidity,” said Alan Circle, Co-Head of Foreign Exchange Trading at BTIG. “Gareth will continue to build upon the success of the group to date and push the TradeSave FX product forward for clients looking for a low-touch solution.”
TradeSave FX is an offering for banks, hedge funds, CTAs and other institutions. With direct access to competitive and multi-dealer spot FX prices, the technology provides advanced order matching and liquidity aggregation around the clock. It also includes a comprehensive suite of FX algorithms and order types and is accessible via multiple GUI and API solutions.
“Coupled with our high-touch FX capabilities, the TradeSave FX platform enhances our FX offering for clients,” said Martin Ferraro, Co-Head of Foreign Exchange Trading at BTIG. “Gareth is a welcome addition as we bolster our team to address client demand.”
BTIG’s TradeSave FX offers institutional traders high-performance technology, access to deep pools of bank and non-bank liquidity and true price competition with a full depth of book display for low-touch FX executions.
The firm’s platform provides a gateway to the growing spot marketplace with the anonymous execution of spot currency pairs and contingency orders, including stops and limits while also supporting client-to-client trading.