OpenDoor bolsters team with new hires from ICAP and NEX Group

OpenDoor appoints two new co-heads of sales and chief administration officer from ICAP and NEX Group.

OpenDoor Trading, an all-to-all marketplace for illiquid US treasuries, has hired two female trading industry veterans for senior sales roles.

Marie Patton has been appointed chief administration and co-head of sales responsible for overseeing sales for the company, and the day-to-day operations and coordination of internal department heads.

She joins OpenDoor after spending nearly 40 years with ICAP in eCommerce management roles, most recently as business development manager for electronic products at TP ICAP.

“US Treasury markets have undergone quite a shift in recent years and OpenDoor is at the centre of the continued evolution of these markets,” said Patton. “I am excited by the opportunity to work with the innovative team at OpenDoor capitalising on my product knowledge, passion and expertise in electronic markets.”

OpenDoor has also hired Lauren McFall Gardener as a managing director and co-head of sales to spearhead sales and marketing alongside Patton.

Prior to joining OpenDoor, McFall Gardener spent two years and a half years at NEX Group’s director of West Coast sales, overseeing regional sales for FX execution and netting platform, and NEX’s treasury platform.

She also worked as chief sales and marketing officer and head of European sales for interest rate swaps platform trueEX for more than three years.

“While our client footprint is expanding, we will remain focused on our core mission of delivering a trading platform that can reduce costs and minimize market impact, as a trusted partner to the Treasury market,” McFall Gardner commented.

Both new employees will report to OpenDoor’s chief and president Susan Estes, who explained that delivering services that challenge traditional market structure requires talented individual behind the technology.

“OpenDoor has reaped immediate, measurable benefits from the great combination of industry knowledge and leadership skills that both Marie and Lauren bring to the table,” added Estes. “As we continue to move forward, each will play a pivotal role driving progress and refining trading protocols in response to our expanding customer demand.”