SmartTrade selects former CME and Goldman executive as chief revenue officer

New chief revenue officer brings over 25 years of industry experience to the role including 19 years spent at Goldman Sachs International.

Trading technology provider SmartTrade Technologies has appointed a former CME Group and Goldman Sachs International executive as its new chief revenue officer.

Colin Murphy joins SmartTrade based in London, where he will be responsible for overseeing the strategy and execution of the company’s revenue-generating operations.

He brings 25 years of experience to the role, most recently serving as global head of sales and optimisation for nearly three years CME Group.

He joined the US derivatives exchange when it acquired NEX Group where he had previously been chief commercial officer for four years focused on optimisation.

Prior to joining CME Group, Murphy notably spent nearly a decade at US investment bank Goldman Sachs in various senior management roles.

“Colin’s experience of managing large-scale commercial teams will be invaluable as smartTrade enters its next phase of growth,” said David Vincent, SmartTrade chief executive officer, whom Murphy will report directly to.

“He will be an important part of the executive team as we focus on corporate strategy and on strengthening our culture of innovation and the continuous enhancement of our customer experience.”

His appointment follows several new business announcements, notably Canada’s Desjardins and Swiss bank Lombard Odier in the last six months, as it continues to bolster its foreign exchange client offering.

Both firms integrated SmartTrade’s liquidity aggregation and smart order routing system, LiquidityFX.

“With a strong product offering and exceptional core technology, smartTrade is uniquely positioned to grow. I look forward to serving smartTrade’s clients and further improving the customer experience as we build innovative, new products across asset classes,” added Murphy.