Financial Markets Tech Tech Provider Broadridge Financial Solutions, Inc. (NYSE: BR) announced the appointment of Ken Macharg as Managing Director, Global Wome of Futures and Options Trading, which apply from June 23, further enhancing the leadership for the next generation of future fulfillment and options (F&O).
Ken Macharg joins Broadridge with deep experience in executing and clearing global future contracts and choices. It will lead Broadridge’s commercial strategy and initiatives, a comprehensive SAAS Software-Saas solution that provides worldwide management, management and management and execution management for future fulfillment (FCMS) and FCMs. Macharg will be based in New York and report to Frank Troise, president of Broadridge Trading & Connectivity Solutions.
“We are excited to welcome Ken to the Broadridge Trading and Connectivity Solutions to such a transformative moment for the Futures & Options platform,” Frank Troise said. “We have a strong firm f&O and we are committed to building for the future with a team and a platform that fits the ambition and complexity of our customers.” Ken will play a central role in accelerating innovation, enhancing flexibility and providing a consistent clientele experience awaiting our customers in all world markets. “
Ken Macharg has a proven history of providing innovative cutting -edge solutions for businesses. He participates in Broadridge by JP Morgan Securities, where he has worked for the last 15 years he has served as CEO, the World Head of Futal Completion Product and Head of North America’s Futal Fulfillment and Derivatives. He has also held various upper level positions at Barclays Capital/Lehman Brothers.
“I am excited to rely on the strong basis of the order management capabilities and execution of Broadridge,” Ken Macharg said. “The articulated and flexible F&O platform development opportunities are a powerful step forward for the industry and I look forward to working with our customers and teams to lead continuing growth, business excellence and innovation in listed contracts and future contracts.”
The company added that this appointment is part of Broadridge’s commitment to deliver comprehensive solutions to help simplify and optimize the negotiation for the FCM community, as the market is adapted to regulatory changes and to the evolving needs of customers.