Virtu
Financial has appointed Scotte Moegling as Head of Business Development for
Digital Assets, the electronic market maker announced this week.
Moegling
brings over two decades of experience in financial markets to his new role at
Virtu. He previously served as Global Head of OTC Sales at Amsterdam-based Flow
Traders, where he spent nearly three years overseeing foreign exchange,
precious metals, contracts for difference, and digital asset operations.
Virtu Financial Hires
Digital Assets Business Development Chief
The hire
signals Virtu’s continued expansion into cryptocurrency markets. Moegling will
be based in Austin, Texas, and his responsibilities will span digital assets,
FX, precious metals, CFDs, and ETFs according to his professional profile.
Before
joining Flow Traders in 2021, Moegling held senior sales positions at several
major financial institutions. He spent six years at Citigroup in various FX
prime brokerage roles across New York and London, including Head of European
Sales for FX Prime Brokerage.
“I’m happy
to share that I’m starting a new position as Head of Business Development for
Digital Assets at Virtu Financial,” Moegling wrote on his LinkedIn profile.
His earlier
career included nearly two years as Director of Prime Services Sales for the
Americas at NatWest Markets, and leadership roles at London Capital Group and
FXCM Pro spanning operations and liquidity management.
This is another personnel change following Virtu’s promotion of CTO Aaron Simons to CEO at the end of July, when the company also announced its second-quarter results, including nearly $1 billion in revenue.
Related: Virtu Partners With Limina on Post-Trade Platform to Address T+1 Settlement Compliance Challenges
Background on Digital
Asset Growth
Virtu
Financial, one of the largest electronic market makers globally, has been
building its digital asset capabilities as institutional interest in
cryptocurrencies continues growing. The firm’s traditional strengths in
high-frequency trading and market making position it well for crypto market
expansion.
Electronic
trading firms have increasingly hired experienced professionals from
traditional finance to bridge conventional markets with digital assets.
Moegling’s background across multiple asset classes – from FX to precious
metals – fits this trend of bringing cross-asset expertise to crypto
operations.
The
appointment comes as regulatory clarity around digital assets improves in key
markets, potentially opening new opportunities for institutional market makers
like Virtu.
Virtu
Financial has appointed Scotte Moegling as Head of Business Development for
Digital Assets, the electronic market maker announced this week.
Moegling
brings over two decades of experience in financial markets to his new role at
Virtu. He previously served as Global Head of OTC Sales at Amsterdam-based Flow
Traders, where he spent nearly three years overseeing foreign exchange,
precious metals, contracts for difference, and digital asset operations.
Virtu Financial Hires
Digital Assets Business Development Chief
The hire
signals Virtu’s continued expansion into cryptocurrency markets. Moegling will
be based in Austin, Texas, and his responsibilities will span digital assets,
FX, precious metals, CFDs, and ETFs according to his professional profile.
Before
joining Flow Traders in 2021, Moegling held senior sales positions at several
major financial institutions. He spent six years at Citigroup in various FX
prime brokerage roles across New York and London, including Head of European
Sales for FX Prime Brokerage.
“I’m happy
to share that I’m starting a new position as Head of Business Development for
Digital Assets at Virtu Financial,” Moegling wrote on his LinkedIn profile.
His earlier
career included nearly two years as Director of Prime Services Sales for the
Americas at NatWest Markets, and leadership roles at London Capital Group and
FXCM Pro spanning operations and liquidity management.
This is another personnel change following Virtu’s promotion of CTO Aaron Simons to CEO at the end of July, when the company also announced its second-quarter results, including nearly $1 billion in revenue.
Related: Virtu Partners With Limina on Post-Trade Platform to Address T+1 Settlement Compliance Challenges
Background on Digital
Asset Growth
Virtu
Financial, one of the largest electronic market makers globally, has been
building its digital asset capabilities as institutional interest in
cryptocurrencies continues growing. The firm’s traditional strengths in
high-frequency trading and market making position it well for crypto market
expansion.
Electronic
trading firms have increasingly hired experienced professionals from
traditional finance to bridge conventional markets with digital assets.
Moegling’s background across multiple asset classes – from FX to precious
metals – fits this trend of bringing cross-asset expertise to crypto
operations.
The
appointment comes as regulatory clarity around digital assets improves in key
markets, potentially opening new opportunities for institutional market makers
like Virtu.
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Damian’s adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
- 2707 Articles
- 81 Followers
