Market maker and liquidity provider Flow Traders has appointed former global head of markets at First Abu Dhabi Bank (FAB), Thomas Spitz as its new chief executive, effective 1 September.

Thomas Spitz
Spitz brings more than two decades of experience leading and building trading operations to his new role, in which he will assume the responsibility for driving the firm’s growth and diversifying its strategy and trading capital expansion plan.
The appointment will also see him taking on the position of executive director of the board, subject to regulatory and shareholder approval.
Speaking to his new position, Spitz said: “I see tremendous opportunities given the extraordinary capabilities the company has built over the past two decades. I look forward to meeting the team and together expand our market leadership, drive our strategic growth agenda, and provide exceptional value to all of our stakeholders.”
Spitz takes over from Mike Kuehnel, who was made chief executive in February 2023, and initially joined Flow Traders in 2021 as chief financial officer.
Prior to Flow Traders, Spitz served as chief executive of alternative data and analytics firm, QuantCube Middle East from February 2025. He also worked at FAB from 2022 to 2024, initially serving as head of global markets, and later taking on a senior managing director role.
Previously in his career, he also spent more than 20 years at Crédit Agricole, covering several leadership roles spanning global markets, fixed income, credit and rates, derivatives, alternative products and structured credit markets.
“He [Spitz] brings a wealth of experience leading trading, sales and research organisations at global financial institutions while driving growth through innovative business strategies,” said Rudolf Ferscha, chairman of the board at Flow Traders.
“We are confident that he will excel at executing our strategic agenda and lead Flow Traders into its next phase of growth.”