Trading Places: Fitzsimmons takes lead at startup Optionshop

Bob Fitzsimmons was named CEO of Optionshop, effective immediately. Fitzsimmons has held a number of CEO positions in the financial world. Most recently, Fitzsimmons was CEO at ITG Derivatives LLC, a role he assumed after ITG purchased RedSky Financial, where he also served as CEO. Optionshop is a new online broker specializing in options on futures. “By building proprietary trading tools and robust education, Optionshop will empower individual investors to cost-effectively diversify their portfolios with a broader range of asset classes via options on futures,” Fitzsimmons said in a statement.

Frank Petrilli was made interim CEO at E*Trade after Steven Freiberg stepped down. Freiberg had been pressured to step aside by the firm’s largest shareholders, including Citadel. Petrilli currently is chairman of the firm’s board, which recently “implemented a refined business strategy.” Speaking on the announcement, Petrilli says, “The board believes it is an appropriate time to transition the role of CEO to a new leader to guide the company through the next phase of its evolution.”

Luís Palha da Silva was named an independent member of the board of directors at NYSE Euronext. He previously was CEO and CFO of Jerónimo Martins and former Portuguese Secretary of State for Trade

Kirk R. Bonniwell was promoted to senior vice president, commercial grain and Asia at R.J. O’Brien. He previously had assumed interim responsibility for these areas in his role as vice president, strategic planning. Prior to joining RJO, Bonniwell worked at Böwe Bell + Howell, a global manufacturer and service provider, as senior financial analyst, accounting manager/plant controller and later director of finance for the firm’s scanners division. 

John Cross was named director of the Securities and Exchange Commission’s new Office of Municipal Securities. For the past several years, Cross has been serving as the Associate Tax Legislative Counsel in the Office of Tax Policy at the U.S. Treasury Department, where he has had significant responsibility for legislative, regulatory and budgetary tax matters affecting municipal bonds.

Roman Sulzhik was appointed managing director of Micex RTX’s derivatives market. Sulzhik previously held a senior role in risk management at the Exchange and prior to that was head of financial trading at Deutsche Bank in Moscow.

Martin Ryan was appointed group head of operations and client services at LCH.Clearnet. Ryan has more than 15 years of experience in the industry, and previously worked at the Royal Bank of Scotland (RBS) as the managing director and head of market operations.

Adam Eades and John Woodman were appointed executive director and independent non-executive director respectively at BATS Chi-X Europe. Eades will serve as head of regulatory and legal affairs. He previously was general counsel for Henderson Global Investors and spent 14 years at Liffe and NYSE. Woodman most recently served four years as non-executive director and later chairman of the board of Chi-X Europe, and is currently a member of the FSA Regulatory Decisions Committee.

Hiroshi Nomoto was appointed chief representative of the Tokyo Office for NYSE. In this role, he will lead the Exchange’s sales and client coverage teams for Japan and the wider Japanese financial community in the Asia-Pacific region. Nomoto has more than 20 years of experience in the derivatives industry and previously worked for Societe Generale, Mizuho Securities and Barclays.

Paul Atkins, a former SEC commissioner, was appointed non-executive chairman at BATS Global Markets. Atkins previously worked at the SEC from 2002 to 2008, and is currently CEO of Patomak Global Partners, a Washington-based consultancy. He also served as a member of the Congressional Oversight Panel for the Troubled Asset Relief Program between 2009 and 2010.

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