Cboe bolsters marketing and BIDS team

The trading platform has added two new executives to its team as the business continues to pursue its strategy of growing the securities and derivatives markets in Australia and the Asia Pacific

Stephanie Duncan has been appointed as head of marketing and communications for APAC.

She joins from Mason Stevens where she held a similar role for about two years.

She has worked for leading global financial institutions, including Citi, Schroders Investment Management Australia, and State Street Global Advisors.

Also joining the marketing team, Risa Iwamuro comes on board as a marketing specialist for Australia and Japan.

With experience across Australian and Japanese markets in digital marketing and public relations, Iwamuro will help further grow the Cboe brand across Asia Pacific with a focus on Japan.

Finally, Sarah Gardiner will also join as a client relationship manager, reporting to the head of Cboe's message and firm order execution platform for the region Murrough O'Brien.

Launched last week, Cboe BIDS Australia is a block and large-sized trading execution service that efficiently and safely knits diverse forms of liquidity together, allowing participants to execute large-sized liquidity efficiently and anonymously.

With over five years of experience in equity trading and sales within investment banks, Gardiner has extensive expertise in portfolio trading, direct market access high touch operating and prime/delta one sales.

She has previously held roles at Credit Suisse and at Deutsche Bank.

Cboe Australia president Emma Quinn welcomed the recruits at a time when the business is going from strength to strength.

"Sarah is passionate about providing and championing positive outcomes for clients and her knowledge and experience will be an asset to our team as we bring BIDS Trading to more clients in the Australian market," she said.

"Steph's expertise across a range of financial services sectors within global firms in Australia and Risa's deep knowledge of Japanese and Asia Pacific markets will help us to extend our services to a wider range of clients across the region."

The appointments follow the firm's successful final migration to Cboe technology on 27 March 2023, marking the completion of an 18-month integration effort from its legacy Chi-X platform.