Cboe Global Markets has appointed Catherine Clay as global head of derivatives as part of new senior leadership changes made by the firm to support growth strategies.
Clay previously served as global head of data and access solutions and digital and will now oversee Cboe’s global derivatives business. This will include futures and options markets in the US and Europe, alongside globally traded proprietary products including S&P 500 Index option and VIX franchises.
“Continuing the growth and expansion of our global derivatives business presents a tremendous opportunity for Cboe and is an area where we intend to continue sharpening our focus,” said Fred Tomczyk, chief executive of Cboe Global Markets.
“Today’s leadership appointments enable us to further leverage and expand our global footprint to deliver world-class products and services to our clients.”
Adam Inzirillo, who previously served as head of North American equities, will now operate as global head of data and access solutions.
As part of the role, Inzirillo will oversee Cboe’s market data and access services, global indices, risk and market analytics and execution solutions services.
Oliver Sung – previously head of North American execution consulting at Cboe – will replace Inzillo as interim head of North American equities.
“Cathy successfully led the global expansion of Cboe’s Data and Access Solutions business. Her track record at Cboe, coupled with her depth and breadth of experience in the trading industry and derivatives space specifically, make her the ideal leader to assume this new position,” said David Howson, global president of Cboe.
“Under Adam’s leadership, our equities business brought many new client-driven solutions to the market. With Adam’s promotion, I’m excited to see the future innovations that are developed for our DnA business as we seek to meet global client demand for data and access solutions to our markets.”