K Duker was named CEO at Oanda. Duker succeeds Michael Stumm, who will remain a member of the company Board. He joined Oanda in 2008 as managing director of Oanda Asia Pacific to establish the Singapore office and oversee the company’s growing operations in the region. “My passion is to build teams for success and I believe success can only be measured by how well we meet the needs of the client,” Duker said in a statement. “Michael Stumm used this same philosophy to develop OANDA into a leading forex provider and this approach will continue to be Oanda’s calling card.”
Thomas J. Butler was appointed director of the Securities and Exchange Commission’s new office of Credit Ratings. In the position, he will oversee a staff of approximately 25 lawyers, accountants, and examiners responsible for examining and monitoring the nine registered Nationally Recognized Statistical Rating Organizations (NRSROs). He previously spent 14 years working at Morgan Stanley Smith Barney and its predecessors including Citi Global Wealth Management.
Vesna Straser was hired as a product manager for trading analytics at CQG. She most recently worked at Barclays Plc. where she was responsible for product management of equity algorithmic trading strategies for the Americas. “I am very excited to join CQG and look forward to the valuable opportunity to further strengthen CQG’s trading analytics’ capabilities as well as build upon synergies with the algorithmic execution space,” Straser said in a statement.
William Karsh was named a special advisor at National Stock Exchange (NSX) to spearhead strategic growth initiatives at the exchange. Prior to joining NSX, Karsh served as CEO and COO of Direct Edge Stock Exchange, Inc., where he introduced the dual exchange model and Enhanced Liquidity Program.
Adam Toms was named CEO of Instinet Europe, replacing Richard Balarkas. Previously, Toms was co-global head of electronic trading at Nomura.
Michael Clarke transitioned from CEO to chairman at Clarke Capital Management and John O’Brien, Jr. assumed the role of CEO, effective June 30. O’Brien, who is taking on day-to-day management responsibilities, will focus on enhancing CCM’s marketing, distribution and product development. Clarke will continue to guide corporate strategy with an emphasis on research.
Quentin Soanes of Braemar Seascope was named chairman of the Baltic Exchange, and Guy Cambell of Clarkson was named its vice-chairman. They will take office following the Annual General meeting scheduled July 5, 2012, when present-chairman Mark Jackson steps down. Jackson will have served a three year term of office.
Stephen Marzo was appointed CFO at HKEx. He previously was CFO at Noble Group.