BrokerTec, a provider of electronic trading platforms and technology services for fixed income markets, has appointed Samantha Hodgson as director of BrokerTec repo product.
Hodgson will focus on BrokerTec Quote for Europe, the Middle East and Africa (EMEA), the product is a dealer-to-client request-for-quote trading solution designed to provide more efficient trading.
Hodgson joins BrokerTec’s London office from a sales and relationship management position at LCH, where she held the title from 2020 to 2022.
Prior to this, Hodgson was vice president of UK sales and account management at Tradeweb during her time with the company from 2010 to 2019.
BrokerTec has appointed two additional directors to the firm, including Jamie O’Hara as director of BrokerTec products and Luke Negal as senior director of government bonds.
O’Hara brings 20 years of experience in fixed income trading to the New York-based role, where he will support the dealer-to-client venue, BrokerTec Quote, in the US.
Negal joins the firm’s London office having held fixed income trading roles at ING Bank, RBS and Morgan Stanley. He will lead the business for European government bonds and manage the firm’s US treasury business in EMEA.
The announcement follows growth across all of BrokerTec’s key markets in 2022, according to the firm. BrokerTec’s US treasury business saw an increase of 10 per cent year-over-year to an average daily volume of US$126 billion for 2022.
The firm’s US repo business was up 19 per cent YoY to US$277 billion and EU repo was up 18 per cent YoY to US$345 billion for 2022.
Commenting on the hires, managing director of BrokerTec John Edwards says: “Jamie, Sammie and Luke bring deep and varied skills and experience from the fixed income markets. They will help drive further client engagement and innovation as we continue to help clients manage risk and trade more efficiently.
“Our core markets in US treasury, EU and US repo trading performed well across 2022 and we are particularly excited about the continued progress we are making in supporting clients with new features and trading modalities, including our dealer-to-client repo venue, BrokerTec Quote, which has seen particularly strong growth in 2022.”
