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Tom Middleton to head Quantitative Research and Product Development

Itarle London

London, 10 January 2016.

itarle UK Ltd (itarle), the leading independent provider of multi-asset Best Execution Technology, has appointed Tom Middleton to head its Quantitative Services department.

A Cambridge PhD and Olympic rower, Tom was a founder member of the team developing the first set of algorithms at Citigroup. He went on to lead the team from 2005 to 2009 while building Citi’s European smart order router (SOR) from scratch and looking after the release of CitiMatch (EMEA), which went on to become one of the most successful dark pools in Europe.

Between 2010 and 2016, Tom held roles in quantitative trading and quantitative risk management at Credit Suisse. He brings with him a wealth of experience in optimised hedging, custom index research, calculation and trading and structured note market making.

Paul Lynch, CEO of itarle, commented “We’re delighted to welcome Tom to the team as itarle continues to revolutionise best execution technology. Our goal is and has always been to offer innovative technology services that will maximise trading performance and productivity while minimising costs. To that end, Tom brings a unique skillset that will help us deliver new products and capabilities to our clients.”

Tom will run the Quantitative Services Department at itarle working alongside David Foster who runs the Business Services Department. Both Tom and David report directly into the itarle HQ in Switzerland.

itarle AG provides private label algorithmic execution and analytics services for trading on over 70 futures & options, fixed income, FX and equity exchanges globally. The unique itarle service enables clients to trade using their own exchange memberships and existing connectivity channels thus enhancing the customer’s brand, return on investment and market share.