Global agency broker AXES LLC announced the promotion of executive vice president Peter F. Gaffney to president.
In his new role, Gaffney, already a member of the firms executive management team, will execute AXES strategic growth and business development initiatives through new channels to the worlds equity and derivatives markets for AXES single point-of-entry multilateral trade execution and settlement platform.
With the rapidly changing environment in institutional investing, AXES is set to play a vital role in providing clients with the ability to significantly streamline trading operations and increase efficiencies across every part of brokerage operations in todays global trading environment, said Gaffney. I look forward to this opportunity of establishing AXES as the premiere provider of worldwide direct market trading intelligence and global trading services across the spectrum of the worlds markets.
Jonathan L. Auerbach, managing director and co-founder of Auerbach Grayson, which is the parent of AXES LLC, said, We are pleased to have appointed Peter to his new leadership position at AXES. Peters proven abilities in leading and managing AXES and other brokerage firms will serve the firm well in providing the highest quality service to its clients.
Gaffney brings over 20 years of experience spanning across all major facets of global trading and brokerage operations. Prior to joining AXES in 2005, he provided consultancy and advisory services to executives of major firms seeking global expansion and strategic direction in the global electronic trading marketplace. Prior to his position as a consultant, Gaffney served as president of NeoNet Securities Inc. in New York, where he was responsible for developing and executing the overall business plan and leading the global business expansion initiatives for this electronic cross-border institutional brokerage firm.