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Foreign Exchange

FXall appoints new EMEA chief; Mark Warms departs

FXall, the recently listed multi-dealer platform, has appointed a new head of Europe, Middle East and Africa who will take up his post next week.

James Watson, who joins Fxall from Morgan Stanley where he was executive director of sales for equity electronic products, replaces Mark Warms. The company said that Warms, who was a member of the team that built the original business plan and launched FXall, was leaving after more than a decade with the firm.

“The foundation he helped build will continue although his expertise and insight will be missed,” the company, which recently listed on the New York Stock Exchange, said in a statement.

Watson, in addition to his stint at Morgan Stanley, has worked at Societe Generale, Lehman Brothers and GFI Group and has 30 years of experience in the banking, interdealer broker and technology vendor sectors.

Watson will report to Jim Kwiatkowski, who has now been promoted to global head of sales, with his scope of responsibility now including EMEA, Americas and Asia.

Phil Weisberg, chief executive of FXall, said as a public company, the firm was preparing for the next phase of its growth.

“We are pleased to welcome James Watson, who brings significant experience in FX options and algorithms and well-established relationships within the London and European financial communities. Jim Kwiatkowski is well-positioned to lead our global sales organization to drive our business expansion,” he said.

“We wish Mark well in his future endeavors and are thankful for his many contributions over the past decade, since the founding of FXall."

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