The founder and former CEO of the Futures and Options Association, Anthony Belchambers, has joined Saxo Capital Markets as a non-executive director.
The multi-asset trading platform for OTC and exchange-traded derivatives will look to lean on Belchambers’ vast expertise during a time of widespread regulatory change.
Belchambers founded the trade association in 1992, operating at the helm until March this year when he stepped down from the group now known as FIA Europe.
He remains a special adviser to the association which merged in June last year with its US equivalent, the Futures Industry Association (FIA).
During his time with the FOA, Belchambers was at the forefront of a number of industry initiatives and groups focusing on regulatory changes including MiFID Connect, the Joint Association Financial Transaction Tax Group and the International Cross-Border Regulation Forum.
“More than ever before, financial institutions need flexible, sophisticated trading infrastructure and reliable post trade services to allow them to focus on their core businesses,” said Belchambers.
“I look forward to working with a company that is committed to responding to the needs of market participants through ongoing innovation.”
Meanwhile, FIA Europe has announced the appointment of a new director of regulation in former LCH.Clearnet senior regulatory advisor Corinna Schempp.
The dual qualified lawyer most recently worked on regulatory compliance in relation to LCH.Clearnet’s SwapClear business, including liaison with the Bank of England, CFTC and other international regulators.
Prior to joining LCH.Clearnet in May 2011, Schempp was Legal and Regulation Manager at London Stock Exchange’s equity derivatives business, formerly known as EDX London.
“Corinna joins at a crucial time for FIA Europe as the association continues to work towards the implementation of key European regulations, including EMIR, MiFID II/MiFIR and REMIT,” said FIA Europe CEO, Simon Puleston Jones.
“Her expertise within the cleared derivatives sector will be especially valuable as clearing continues to be of increased importance for the exchange traded and OTC derivatives markets.”
Schempp will join FIA Europe 15 September 2014.