Former FOA boss joins Ancoa advisory board

Hugo Jenkins, who spent 16 years at derivatives lobby group, will advise firm on strategic implementation of MAR rules.

A former head of the Europe’s main derivatives lobby group is to join the advisory board of market surveillance specialist Ancoa.

Ancoa has created an advisory board to provide it will insight and strategic advice relating to increased regulatory requirements set out in the Market Abuse Regulation, which came into force earlier this year.

It has appointed former Futures and Options Associaton (now known as FIA Europe) managing director Hugo Jenkins to the board, and also announced that former broker John Barker will join as well.

Jenkins has a career spanning 30 years including brokerage roles in futures and optuions at Merrill Lynch and GNI and time working at derivatives exchange Liffe. He spent 16 years at the Futures and Options Association delivering policy, operational, compliance and business advisory services in areas such as trading and execution, clearing, risk management, market infrastructure, IT systems and standard industry contractual documentation.

Barker has also spent 30 years in the industry including 10 years as director of operations at Instinet and as head of international at Instinet.

Kurt Vandebroek, Chief Executive Officer, Ancoa, added, “We are honoured to welcome Hugo and John to our Advisory Board. Such senior and experienced veterans strengthen Ancoa’s position to provide our ever-expanding customer base across all asset classes with their market surveillance requirements and growing need for up to date business insight.”