Chicago-based futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) announces today that its London-based affiliate R.J. O’Brien Europe Limited (RJO Europe) has appointed Peter Jerrom and John Burt as Senior Vice Presidents, Listed Foreign Exchange (FX) Brokers.
Mr Jerrom and Mr Burt both previously served as Co-Head of Exchange-Traded FX at Sigma Broking LTD in London since September 2014.
Prior to that role, Mr Jerrom was Head of Global FX Derivatives and Chief Operating Officer for UniCredit in London, which he joined in 2008. Previously, he was a Senior Trader at Lehman Brothers in London and held product development roles at Barclays Capital. He began his career at Citibank, where he was a trader in London, New York and Singapore.
Prior to joining Sigma, Mr Burt was an over-the-counter (OTC) and listed broker for ICAP, specializing in emerging markets FX and swaps. He previously was an OTC broker in those products at Sunrise, Tullett Prebon and Tradition SA, from 2007 to 2013. Mr Burt started his career in exchange-traded derivatives and prime brokerage at J.P. Morgan Securities in London before joining UBS in 2006 as Manager, Prime Brokerage Hedge Fund Sales.
David Mudie, Chief Executive Officer of RJO Europe, said:
“Peter and John are seasoned FX brokers and terrific additions to the team here, reinforcing our commitment to client-focused, best-in-class service. We continue to expand and round out our institutional specialty areas from the UK, and this represents our first London-based emphasis on exchange-traded FX. It’s a great complement to our growing global over-the-counter FX business that Tony Dalton is heading from New York.”
Mr Jerrom said:
“We’re excited to join such a respected firm as RJO, which has direct access to the major futures exchanges, impressive technology and a robust global infrastructure. This move gives us prime brokerage relationships and a comprehensive offering of listed products to deliver to clients.”
Mr Burt added:
“RJO’s footprint in the FX space coupled with its general clearing memberships with CME Group, ICE Futures and other exchanges, takes us to the next level with our global customer base.”
For the official announcement on the appointments, click here.