Cboe Clear Europe hires new SFT product managers Redhead and Johns
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Cboe Clear Europe hires new SFT product managers Redhead and Johns 04 August 2023UK Reporter: Carmella Haswell
Image: IRStone
Cboe Clear Europe has appointed Brendon Johns and Jim Redhead as product managers for securities finance transactions (SFT) clearing.
Based in London, both new hires will report to Jan Treuren, product lead for SFT clearing.
Johns and Redhead join the Amsterdam-based clearinghouse after it announced the launch of a central counterparty clearing service for SFTs, which is set to go-live in Q3 2024.
The service will introduce matching, CCP clearing, settlement and post-trade lifecycle management for SFT transactions in European cash equities and exchange-traded funds (ETFs).
Johns joins the firm from Wematch.live where he was product manager for securities finance. He brings more than 15 years of experience in the financial services industry.
Redhead was previously securities strategy director at SWIFT before joining Cboe Clear Europe. Prior to this, Redhead was a vice president at J.P. Morgan and also worked within business management at LCH. He brings more than a decade of financial industry experience to the role.
Commenting on the new appointments, Vikesh Patel, president of Cboe Clear Europe, says: “We are delighted to welcome Brendon and Jim to the Cboe Clear Europe team. They bring product and technical expertise, as well as important client relationships, as we build out our securities financing transactions clearing capabilities ahead of its launch next year.”
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