Trading technology providers GL TRADE today announced the appointment of Patrick Tessier as the new CEO and Giles Newman as the new Sales Director of its London and Northern Europe business unit. As CEO, Tessier will be responsible for developing the positioning of GL TRADE solutions within its market and managing its 130 staff. As Sales Director, Newman will be responsible for expanding GL TRADE’s current market leading position in the region.
Tessier joins from Credit Suisse First Boston (CFSB), in London, where he was Director of European Listed Derivatives Operations for five years. Prior to CSFB, he was Financial Controller of the Listed Derivatives arm of the Finacor Group for over 7 years.
Newman joins GL TRADE from Moneyline Telerate INC where he was VP & Director for Continental Europe, Middle East and Africa. Prior to Moneyline, he was Head of Global Sales at SunGard Trading Systems. “Patrick’s appointment to manage this key business unit will help drive the continued growth of GL TRADE,” says Pierre Gatignol, president and CEO of GL TRADE comments. “Both Patrick and Giles will bring to the company extensive experience on both operations and customer development across an international client base. They are well known and respected by the global financial community and will be an invaluable asset to our management team.”