Matteo Cassina joins Saxo Bank
13 January 2014 London
Image: Shutterstock
Prime brokerage veteran Matteo Cassina has joined Saxo Bank in a push to expand the bank’s growth within the institutional space.
Cassina joins in a newly created position, as global head of institutional business, and will be based at Saxo Bank's London office in Canary Wharf, where Saxo is now placing its core institutional activities.
He will report to the co-CEOs and co-founders of the bank, Kim Fournais and Lars Seier Christensen.
Cassina recently served as the head of prime access SM for Goldman Sachs, which provides integrated execution, clearing and custody services across a wide range of markets.
He was also head of total trader for Merrill Lynch, and president of Citadel Execution Services.
Co-CEOs and co-founders Kim Fournais and Lars Seier Christensen said in a joint statement: "The appointment of a global head of institutional business is a major strategic step for Saxo Bank.”
"Having refined our award-winning multi-asset trading platform for many years, we are approaching the tipping point where traditional players with old mainframe infrastructures are becoming less competitive. Saxo's cloud based solution is disrupting the old ways of doing business in the same way that we have seen technology radically change other industries."
Cassina joins in a newly created position, as global head of institutional business, and will be based at Saxo Bank's London office in Canary Wharf, where Saxo is now placing its core institutional activities.
He will report to the co-CEOs and co-founders of the bank, Kim Fournais and Lars Seier Christensen.
Cassina recently served as the head of prime access SM for Goldman Sachs, which provides integrated execution, clearing and custody services across a wide range of markets.
He was also head of total trader for Merrill Lynch, and president of Citadel Execution Services.
Co-CEOs and co-founders Kim Fournais and Lars Seier Christensen said in a joint statement: "The appointment of a global head of institutional business is a major strategic step for Saxo Bank.”
"Having refined our award-winning multi-asset trading platform for many years, we are approaching the tipping point where traditional players with old mainframe infrastructures are becoming less competitive. Saxo's cloud based solution is disrupting the old ways of doing business in the same way that we have seen technology radically change other industries."
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