Hugh Whelan has been named head of liquidity management and data strategy at SGX FX, having previously worked as head of CME Group owned EBS Direct.
Hugh Whelan
The move comes as SGX FX seeks to bolster its liquidity provision and data offering.
Jean-Philippe Malé, president at SGX FX, said: “[Whelan’s] vision and expertise in building strategic partnerships with liquidity providers and technology service vendors worldwide will be instrumental in this next chapter of our growth.
“With his proven track-record in FX markets, Hugh is uniquely positioned to lead our efforts in enhancing our platform and expanding the SGX FX franchise globally.”
Specifically, London-based Whelan will be responsible for overseeing the strategic direction and growth of the liquidity provider client segment. He is also set to develop the data products within SGX FX.
Whelan’s career has had a strong focus on FX markets, having previously led the launch of EBS Direct into a new bilateral FX trading venue – which is now owned by CME Group.
Speaking to his appointment, Whelan, said: “I am thrilled to join SGX FX at such an exciting time in the company’s growth. I look forward to collaborating with the team to enhance our platform offerings and ensure we maintain a competitive edge in a fast-evolving market.”