The CBOE promoted Andy Lowenthal from vice president to senior vice president, business development. His promotion comes as part of a reorganization designed to better leverage the company's business development efforts across its expanding line of futures and options products and services. His responsibilities have been expanded to include the business development functions of the CBOE Futures Exchange (CFE), home of futures on the CBOE Volatility Index (VIX) and an array of related products. He also will oversee business development for Livevol, a leading provider of equity and index options technology and market data services.
Lowenthal has spent his entire career at CBOE, starting in 1983.
Credit Suisse Group AG hired Daniel McNeill of JPMorgan Chase & Co. to lead its equity-derivatives unit for the Americas.
McNeill replaces James Masserio, a veteran of the Zurich bank, who will stay in the firm in a new role. McNeill's new remit will encompass all of the bank's equity-derivatives business for the Americas, including structured products.
EBS BrokerTec, ICAP's electronic foreign exchange (FX) and fixed income business, is continuing along with its integration and formed an executive management team to lead the new business. The firm has named Dan Cleaves and Darryl Hooker (Pictured) to co-head EBS BrokerTec Markets.
Hooker most recently held the position of Global Head of EBS Market and has played a critical role in new business initiatives with a specific focus on emerging markets. He will continue to be based in London.
Dan Cleaves, Darryl Hooker, Arthur D'Arcy, Viral Tolat and Gerard Varjacques will sit on the newly formed EBS BrokerTec Executive Management Team alongside: Rafi Vasserman, Jason Cohen, Eliran Glazer, Jeff Ward, Richard Kerschner, Justyn Trenner, Paul Allmark, Victoria Mellor and Harriet Oliver.
Etienne Phaneuf has been named CEO of ITG Canada. Based in Toronto, Phaneuf is a 15-year veteran of ITG and most recently served as managing director and head of sales & trading for ITG Canada. He replaces Nick Thadaney, who has joined TMX Group.
Gerard Varjacques has been appointed head of sales for EBS BrokerTec, having previously been head of sales for EBS. He will focus on generating new business across the group and continue to be based in New York.
Citigroup hired John Lowrey to be global head of cash electronic execution. Lowrey is a former chief executive officer at stock-market operator Chi-X Global.
