London. 28th March 2019 – Cryptocurrency exchange, BEQUANT, has hired Daniel Clayden as its new Head of Product Development.
Clayden has previously held roles at a number of tier 1 investment banks, including J.P. Morgan and Credit Suisse. Before joining BEQUANT, he was Managing Director at IT consultancy Levvel.io, and an Executive Director at Morgan Stanley. Whilst at Morgan Stanley, he was responsible for non-equity front office risk within the front office derivatives technology group.
Clayden’s diverse and wide range of experience includes multi-project management covering all aspects of the software development lifecycle. He is also the originator of the concept that became FIX ATDL – the trading definition language that has become a standard of exchange for algorithmic trading in the securities market. As such, he is well placed to lead BEQUANT’s product expansion as it continues to provide leading cryptocurrency offerings in the institutional investment market.
He says: “The demand for new and more sophisticated products in financial services is growing, as customers become more trusting of digital offerings. The cryptocurrency industry has tremendous growth potential and is at the forefront of what could be a radical shift for the economy. Institutional exchanges such as BEQUANT are therefore vital in maintaining the cryptocurrency market’s momentum, and I look forward to helping the team broaden their industry-leading product range as they continue to grow.”
George Zarya, CEO of BEQUANT, comments: “Demand for new and diversified products in both the cryptocurrency market and within financial services more broadly means that cryptocurrency trading is soaring among the institutional clients that we deal with at BEQUANT. In order to effectively meet the needs of these investors, we must continue to respond by developing our own product range both independently and through partnerships. Daniel is a highly experienced addition to our team, and we are delighted to have him onboard to help as we expand our operations and offerings.”