Broker-dealer trading technology provider, oneZero, has appointed Marc Reider from Refinitiv as director of hub product management.
Reider will be responsible for building the execution and risk management capabilities of oneZero’s Hub technology to meet the needs of institutional clients.
Over the last 10 years, Reider served as development manager for the FXall product at Refinitiv. While at Refinitiv, Reider worked on several applications, including building the FX Options product for FXall and the multi-asset callouts platform.
Previously, Reider spent 15 years at Credit Suisse, where he acted as director of foreign exchange IT and developed FX systems for cash and derivatives for risk management, transactions processing and e-commerce.
“Throughout my career, I’ve been focused on using technology to improve the way the financial industry trades FX. Now at oneZero, I’m thrilled to be part of a team that’s developing cutting-edge solutions for the institutional market,” said Reider.
The appointment of Reider comes as oneZero continues to make enhancements in the company’s flagship technology platform for brokers and banks, Institutional Hub. In March this year, oneZero launched the Algorithmic Pricing Module, a price creation tool that allows brokers to construct customised prices using proprietary algorithms based on their market data and market risk positions.
“Marc’s background in product development for the institutional market is impressive. There is no doubt he will be a tremendous leader as we continue to bolster oneZero’s institutional offering,” said Andrew Ralich, co-founder and CEO of oneZero.