New appointment was formerly head of EMEA high yield trading at Citi.
The reported reduction in headcount does not represent a change in strategy for the bank, source says.
The past week saw two appointments from Citi, as well as new hires from TS Imagine and Euronext.
Incoming hire has been promoted internally, and will cover all European markets excluding the UK.
New head joins from Hound Partners where he served as COO and before that, spent 25 years at Goldman Sachs.
Latest funding round brings the total capital raised by the fintech to $97 million since 2018.
New head brings considerable experience in developing trading and analytics frameworks to Tradefeedr, having previously served at Citi and S&P.
The past week saw appointments from UBS, BNP Paribas, State Street, Citi, Schroders, Optiver and a departure from Moon Capital Management.
New portfolio trading sales trader at Citi also spent almost 14 years at UBS Investment Bank in portfolio sales trading and cash equities roles.
Genesis Global receives backing from Bank of America, BNY Mellon and Citi through $20 million strategic investment
Following a $200 million Series C funding round earlier this year, the new investment will allow the app developer to expand its operations as interest in its platform continues to grow.