IEX Group has appointed John Palmer to lead its new markets segment as the business looks to drive expansion into new areas and grow its product suite.
In the new role, Palmer will be tasked with leveraging IEX’s core system and technology to develop new markets, said the firm.
Speaking to his appointment, Palmer said: “IEX is renowned for its innovation and unique approach to addressing customer challenges. I am excited to join the team and help drive IEX’s growth strategies forward.”
Prior to this move, Palmer was president of Cboe Digital, overseeing the development of digital asset trading platforms and services.
His expertise encompasses growth strategies across the trading landscape, having worked in multi-asset exchange trading, derivative pricing models for equities, and data technology integrations.
Previously, Palmer held numerous leadership positions at Cboe Global Markets, as well as its options and futures businesses.
He has also worked for CrossTower and ISE Holdings as global head of product strategy and product management director, respectively.
“I have seen first-hand John’s experience across a number of asset classes. We are excited to have him on our team as we execute growth plans and continue to bring our unique and innovative solutions to all market participants,” said Bryan Hawkins, IEX group president.