Investment bank Barclays Capital is appointing two senior executives to its US equities electronic options business.
John “JP” Xenakis joins the firm as director and head of electronic options trading distribution. Jonathan Simblist joins as director on the electronic options trading distribution team, reporting to Xenakis.
Bill Bell, head of Americas equities electronic trading distribution, commented, “Jon and JP's experience in the options industry will benefit the team as we seek to better serve our institutional, hedge fund and broker-dealer clientele, and grow our retail aggregation business. We continue to build our suite of advanced options trading strategies to help clients navigate market liquidity and trade volatility.”
Before joining Barclays Capital, Xenakis worked for investment bank Goldman Sachs, where he dealt with electronic options. His new colleague Simblist joins from Macro Risk Advisors, where he worked in options execution, having previously worked at Bank of America Securities.