FX HedgePool accelerates growth with key business development hires.
NEW YORK, LONDON; March 3, 2021 – FX HedgePool, the matching engine for mid-market execution of FX swaps, has made several key hires to support growing demand. The senior-level business development appointments include Jim Webb in EMEA and James Davison in the Americas.
Jim Webb, who was appointed EMEA Distribution Director, brings more than 20 years’ experience and specialist knowledge of FX risk management, execution, and best practices. He joins FX HedgePool from OJJ FX, an independent FX consultancy providing guidance and expertise in FX risk management and operations, which he established in early 2019. Prior to this, Jim was Managing Director and Global Head of Business Development for BNY Mellon’s passive currency overlay business, responsible for the growth and development of the business and oversight of the sales strategy. Jim was also involved in pipeline management and directing product development to provide FX hedging and execution solutions to the asset management and asset owner communities.
James Davison was appointed North America Distribution Director. He joins FX HedgePool from Citi, where he ran the North America FX bank sales segment. Before his time at Citi, he worked in FX sales at State Street and spent seven years at Barclays, where he worked in BARX FX and Futures sales. Prior to working in sales, James helped pioneer electronic execution in the APAC futures markets and was part of the team at Barclays that introduced the leading BARX suite of products to the Australian market. Before that, he was a portfolio manager at a hedge fund in London and started his career in the interest rate futures pits of the Sydney Futures Exchange.
“The best thing we can do for our clients is to hire the right people,” said Jay Moore, CEO and Founder of FX HedgePool. “We’ve assembled a talented and diverse team of experts with decades of proven experience. But most importantly, they all bring forward-looking, innovative ideas to the table.”
FX HedgePool launched in January 2020 and recorded over $1.2 trillion total swap volume across last year’s twelve-monthly rolls. Participants include a growing number of the world’s largest global asset managers and top tier banks. By unbundling liquidity from credit, FX HedgePool is eliminating market impact, reducing trading costs, improving tracking error and streamlining operational demands for currency traders and dealing desks.