Broadridge has named Kenneth MacHarg as its new managing director, global head of futures and options trading, effective 23 June.
The move will see MacHarg leading Broadridge’s futures and options (F&O) platform as part of a push to enhance the solution’s leadership.
He will also be based out of New York in the role and report to Frank Troise, president of Broadridge Trading and Connectivity Solutions.
“The F&O platform’s modular and flexible deployment capabilities are a powerful step forward for the industry, and I look forward to collaborating with our clients and teams to drive continued growth, operational excellence, and innovation in the listed futures and options marketplace,” said MacHarg.
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He most recently served as managing director, global head of futures execution product and head of North America futures and derivative clearing at JP Morgan Securities.
Prior to this, MacHarg held responsibility for the electronic trading product for equity derivatives in senior vice president roles at Barclays Capital from September 2008 to October 2010, and Lehman Brothers from May 2006 to September 2008.
“We have a strong F&O business and are committed to building for the future with a team and platform that matches the ambition and sophistication of our clients,” said Troise.
“Ken will play a pivotal role in accelerating innovation, enhancing flexibility, and delivering a consistent, high-performance client experience our clients expect across global markets.”