FX industry technology provider Edgewater Markets has announced the hiring of Michael Cleary as the company’s new Director of Sales out of their New York City headquarters.
In a newly created role, Michael Cleary will be leading the charge in New York, focusing predominantly on LatAm sales, working closely with Edgewater’s Robert Sanchez, and Jose-Antonio Buenaño.
Founded in 2009, Edgewater Markets has been a trusted provider of foreign exchange services to over 350 global institutional clients, providing complete software solutions for banks, asset managers, brokers, and other financial institutions to competitively and efficiently access and price into global markets. The firm says it has been poised for continued growth in the space.
Michael Cleary joins Edgewater from Tullett Prebon, where he was a senior sales broker. Cleary, a 15-year industry veteran, brings a wealth of Sales and Trading expertise, as evidenced by his previous roles. Mike worked for many esteemed firms including Tradition Securities & Derivatives, and ICAP Capital Markets, servicing the banking and hedge fund communities.
“With his extensive experience building relationships with clients from global banks in Mexico and New York, and depth of knowledge, both in the swap and derivative sides of electronic FX trading, Mike will generate new opportunities to Edgewater’s current business lines and partnerships. I am delighted he is joining our team,” said Skovran Schreder, Edgewater’s Chief Executive Officer & Co-Founder.
“In my work, I have always attached great importance to building relationships in the field of the financial services industry and I am glad that now I will do it together with Edgewater,” commented Michael Cleary. “This is a great opportunity for me to drive further growth and to further develop distribution of Edgewater’s innovative EDGE LATAM product; working with all regions for spot FX distribution to my network of clients and relationships, both in New York and globally.”
Robert Sanchez, Managing Director & Head of LatAm, said,
“We are pleased to welcome Michael to Edgewater. Since 2009, we have been offering the FX market access to Latin America and we see great opportunities to further strengthen our offering in the region. Hiring Mike is an important part of this process and demonstrates Edgewater’s strong commitment to the ever-growing LatAm market.”
“Mike’s expertise within the capital and institutional markets landscape is exceptional, and we are thrilled to have him join our team. He will be instrumental in helping us industrialize our offering and reach more financial institutions with our EdgeFXLatam platform,” stated Jose-Antonio Buenaño, Managing Director & Head of South America.
“This is an exciting time for Mike to join the team. He will play an instrumental role as we continue to adapt to changing market trends. Mike’s relationship with the New York banking community is strong and will help us distribute onshore LATAM NDF liquidity to the market,” commented Matt Kassel, Edgewater’s COO.
“Over the past several years, Edgewater Markets has been on a growth path as the firm sees volumes surge while offering clients innovative products and exceptional execution services. I am delighted to welcome Mike to our team,” said Kassel.
Edgewater Markets offers technology driven trading solutions and execution services to the institutional market. The company provides complete software solutions for banks, brokers, asset managers, and other financial institutions that optimize their trading, and competitively and efficiently access the global markets. Edgewater’s suite of trading platforms, including EdgeFX.Pro, EdgeFX.Pro.EU & EdgeFX.Pro.UK, EdgeFXLatam, and EdgeFXAsia combine local market expertise with connectivity to the most diverse liquidity, regionally tailored. The company provides consistently competitive pricing for Spot, Swaps, Forwards, NDFs, and Metals accessible over multiple channels.
