Rule shoots for 1,000 person mark 23 November 2012London Reporter: Georgina Lavers
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In November 1997, 15 years ago, Marcus Rule established Rule Financial in London. Having started with just one person based in the UK, this year sees growth to 500 people operating in 5 countries.
“Our aim is to continue to grow, and we firmly believe we can reach our target of more than 1,000 dedicated specialists supporting our clients in capital markets worldwide by the end of 2016,” said a joint statement by chief executive officer Chris Potts and founder Marcus Rule.
In September, Rule Financial announced its advance in revenues of 15 percent year-on-year, due to Basel III, Dodd Frank and EMIR leading firms to Rules’ solutions, as well as a spate of hires to the OTC clearing and collateral management team.
James Tomkinson and Jonathan Philp were recruited as specialists in OTC clearing and collateral management. Marina Potok also joined Rule Financial earlier this year as a specialist in OTC, structured and securitised products.
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