Thomson TradeWeb, the fixed-income trading platform, has appointed Roger Barton as a Managing Director, Thomson TradeWeb Europe. Barton joins TradeWeb from Goldman Sachs International, where he was Executive Director and Head of European e-commerce for the Fixed Income and Equities division.
In this new role, Barton will focus primarily on TradeWeb’s dealer clients. He will be based in the London office from 1 February and will report to Lee Olesky, President of Thomson TradeWeb.
“We are delighted Roger is joining the Thomson TradeWeb team during this time of significant product development and expansion across Europe for the group,” says Olesky. “I have worked with Roger for many years and he brings an in depth understanding of e-commerce for the wholesale financial markets. In addition, his professionalism and good judgment will make him an invaluable asset as we continue to grow the business.”
“Thomson TradeWeb is the ‘gold standard’ for online fixed-income trading globally, and I look forward to playing an integral part in helping shape the firm’s overall efforts in the burgeoning European marketplace,” says Barton. “I am confident TradeWeb’s premier network will become an even more exciting prospect for clients and dealers.”
During his 10-year tenure at Goldman Sachs, Barton chaired TradeWeb’s European Executive Committee, prior to the company’s acquisition by Thomson Financial last year. He also served as Co-Chief Operating Officer of Goldman Sachs’ futures operations prior to his secondment to BrokerTec Global LLC, the electronic inter-dealer brokerage, where he was in charge of futures trading and clearing facilities.
Previously, Barton was instrumental in developing the London International Financial Futures and Options Exchange (LIFFE). During a 12-year term with LIFFE, Barton served as both Managing Director of Technical Services and MD of Business Development. He also served on the Boards of the SFA, The London Clearing House and LIFFE.
Barton graduated from St. John’s College, Cambridge, with an MA in Mathematics (1975), and an MSc in Operational Research from Brunel University (1977).
Thomson TradeWeb last week announced record trading volume for 2004 of $26 trillion, with a single trading day breaching $300 billion for the first time.