Published On: Tue, Aug 3rd, 2010

Citi Hires Ian Smith to Head Electronic Trading Product For APAC

Citi has appointed Ian Smith as head of Electronic Execution Product for Asia Pacific. Ian joined Citi after 10 years at Credit Suisse where he was head of Advanced Execution Services Product Asia Pacific. Ian will report to Paul Sanger, Asia Pacific head of Execution Services.

“This hire further underlines our intentions to become the leading provider of Electronic Execution Services to our clients in Asia Pacific. Ian’s market knowledge, experience in creating execution platforms and client relationships will be instrumental in helping drive our business forward in this area which is a major strategic priority,” said Paul Sanger.

Ian will work closely with Ben Valentine, head of Electronic Execution Sales Trading and will be leading a team of 5 professionals focused on providing cutting edge solutions to clients in the Electronic Execution area. Further hires are expected across the sales and trading team in the coming months.

Citi Electronic Execution provides market-leading trading solutions to clients which are fully integrated with the client’s trading needs. Citi provides access to over 30 markets globally including alternative pools of liquidity and is continually adding new venues and markets to ensure our ethos of best execution.

Early this year Citi continued it’s focus on Asia by extending CitiSmart, its cutting edge electronic trading platform in India via the National Stock Exchange of India and via Malaysia via Bursa Malaysia. These launches added to Citi’s Electronic Execution suite in Asia which includes Australia, Hong Kong, Japan, Korea, New Zealand, Singapore and Taiwan. In some of these markets Citi is seeing record flows across its platform.

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