Knight Capital announced the appointment of David Sellers as managing director, head of sales for Hotspot FX in Europe.
Sellers joins from EBS/Icap where he led new business development and helped launch the EBS Prime model for buy-side algorithmic clients. Before that he was at Liquidnet, Atriax and Cognotec and Reuters.
He will report to John Miesner, head of global sales for Hotspot FX.
“Due to effective client development and the continuing currency volatility, Hotspot FX’s reported volume year-to-date is more than 80% higher than the same period last year,” says Miesner. “David has the requisite management experience, relationships and industry knowledge that will allow us to further penetrate the European market. I am pleased to welcome him to the team.”