DeepWell Liquidity Management, the global financial markets intermediary for the buy-side community, has added seven senior market professionals to its team across three continents as it eyes further growth and expansion into different asset classes.
DeepWell launched in September 2017 and offers global coverage across a range of OTC and exchange-traded FX products, including spot, forwards, options and futures.
The company’s new hires experience range from the who’s who of the banking world, from, Credit Suisse, Morgan Stanley, Deutsche Bank to RBS, with more than century’s worth of experience between them.
In an interview with Finance Magnates, Deepwell CEO Richard Leighton spoke on the purpose of the hirings, “These additions will allow us to continue meeting the demand we are experiencing for our services and will help us to grow our market share in FX. Growing our capacity also enables us to service more institutions and investors and look at expanding other markets and products.”
These hiring’s have evidently taken place with a larger goal in mind. In the same interview, Leighton went to explain, “We took the strategic decision to set up offices in three of the biggest FX hubs in the world as we believe these have the greatest growth potential. We expect to grow our team at each of these locations as we continue to increase our market share in FX and expand into new asset classes.”