GETCO Announces International Appointments
Robert Smith Named Head of Europe
Farid Moslehi to Lead Asia Effort
LONDON and CHICAGO--GETCO, a leading global market maker, announced today key appointments to its expanding global operations. Robert Smith, who currently oversees GETCO's Asian effort, has been named head of Europe. He will be based in London. Commenting on the appointment, Daniel Coleman, chief executive officer of GETCO, said, "Rob has demonstrated a successful track record of capitalizing on opportunities in complex and diverse markets. We look forward to him taking on this new role and believe he is the right person to lead the next phase of GETCO's European growth."
The firm opened its London office in 2004 and currently has more than 80 associates. Mr. Smith replaces Stephen Warr and John Mueller who were serving as interim co-heads of the London office. Both will assume new roles within the organization.
GETCO also announced today that Farid Moslehi has been named head of Asia. He will assume Mr. Smith's current duties and will be based in Singapore. Mr. Moslehi is currently GETCO's chief risk officer.
"We have made tremendous strides in Asia over the past several years, expanding into different markets and cementing our position as a global firm," said Mr. Coleman. "Farid's expertise will help us to build on that momentum and achieve even more."
The appointments are effective September 1 and subject to regulatory approval.
Mr. Smith has been the managing director for GETCO Asia since the Singapore office's inception in 2007. Previously he was the firm's chief technology officer from 2001-2007. Prior to joining GETCO, Mr. Smith was a senior quantitative research associate for Springfield & Company, a global fixed income trading firm. He also held technology and management positions with New Bond Trading, Reuters America, Computer Sciences Corporation and Microcom.
Mr. Moslehi joined GETCO in 2005 and has served in a variety of capacities. Prior to serving as chief risk officer, he was a trader as well as a team leader in both data services and risk management. Before that, he was a trader with Bank One and First Chicago. Earlier in his career he held positions in technology, quantitative research and risk management at Lehman Brothers, CIBC and First Chicago.
GETCO's primary business involves both buying and selling securities to provide two-sided markets on exchanges around the world. As a global market maker in a variety of asset classes including Fixed Income, FX, Equities and Commodities, GETCO plays a critical role in helping to lower the cost of capital for businesses and in reducing trading costs for investors.About GETCO:
Founded in 1999, GETCO is a leading global market maker with over 400 Associates located in Chicago, New York, Palo Alto, London, Singapore and Hong Kong. The firm's primary business involves both buying and selling securities to provide two-sided markets on exchanges around the world. The liquidity GETCO supplies allows investors to immediately transfer securities positions while saving money on trading costs. In addition, the firm provides customers with algorithmic, routing and execution services through its client services arm, GETCO Execution Services.
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