Provable Markets hire Halima Butt as head of strategy and sales
24 August 2021 US
Image: Provable_Markets
Provable Markets, a US-based broker-dealer and alternative trading system (ATS), has announced the hire of Halima Butt to its executive team as head of strategy and sales.
Based in New York, Butt will be primarily responsible for the strategic and commercial direction of the firm, in addition to assisting with operational oversight of the company.
Butt joins Provable Markets from Euronext, where she served as head of U.S. platform
sales, and held numerous leadership positions, including sitting on the global sales management team. Prior to this role, she was co-head of Euronext’s financial derivatives business unit in Europe and led the company’s business development for the secondary cash and derivatives markets in the Netherlands.
She also worked as vice president of equity derivative sales and cross-asset solutions for Société Générale in London and held positions in derivatives, treasury, and equity finance at ABN AMRO Bank.
Matt Cohen, co-founder and CEO of Provable Markets says: “Halima’s diverse background in the financial world significantly enhances our ability to foster a rethinking of the way trust and fairness is perceived in the markets.
“As we move to the next phase of execution, Halima’s experience and proven track record as a leader in the industry will play a vital role in breaking down the all too common view that integrating with FinTech solutions needs to be a long, onerous, and costly endeavour.”
Butt adds: “As we focus on our partnership with the DTCC in the near term, and think about our medium and long term strategy and prospects; I believe we are uniquely positioned to fundamentally change the way financial markets operate, and that is incredibly exciting.”
Based in New York, Butt will be primarily responsible for the strategic and commercial direction of the firm, in addition to assisting with operational oversight of the company.
Butt joins Provable Markets from Euronext, where she served as head of U.S. platform
sales, and held numerous leadership positions, including sitting on the global sales management team. Prior to this role, she was co-head of Euronext’s financial derivatives business unit in Europe and led the company’s business development for the secondary cash and derivatives markets in the Netherlands.
She also worked as vice president of equity derivative sales and cross-asset solutions for Société Générale in London and held positions in derivatives, treasury, and equity finance at ABN AMRO Bank.
Matt Cohen, co-founder and CEO of Provable Markets says: “Halima’s diverse background in the financial world significantly enhances our ability to foster a rethinking of the way trust and fairness is perceived in the markets.
“As we move to the next phase of execution, Halima’s experience and proven track record as a leader in the industry will play a vital role in breaking down the all too common view that integrating with FinTech solutions needs to be a long, onerous, and costly endeavour.”
Butt adds: “As we focus on our partnership with the DTCC in the near term, and think about our medium and long term strategy and prospects; I believe we are uniquely positioned to fundamentally change the way financial markets operate, and that is incredibly exciting.”
← Previous people moves article
Citi appoints John Southgate as head of collateral services for EMEA
Citi appoints John Southgate as head of collateral services for EMEA
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
