The Depository Trust & Clearing Corporation (DTCC), a provider of post-trade market infrastructure for the global financial services industry, has appointed Thomas Sullivan as Managing Director of DTCC Digital Assets, reporting to Nadine Chakar, Managing Director, Global Head of DTCC Digital Assets. According to a press statement, Sullivan brings to DTCC more than 20 years of experience in securities and banking, across operations and innovation. Previously, he was Head of Business Development for Digital Assets at Société Générale, where he helped establish the firm as a market leader in the issuance, transaction and management of digital-native financial products registered on blockchain.
Mark Daniels has joined Clear Street as Managing Director – Head of Platform Sales, according to his LinkedIn post. Daniels has more than 20 years of experience and joins from Marex, where he was Head of prime clearing for over two years. He also held roles at Bank of America, where he spent four years as a Managing Director and UBS, where he was Global Head of Sales – Execution & Clearing business. He has also worked at Morgan Stanley and Goldman Sachs.
The Securities and Exchange Commission (SEC) has announced that Stacey Bowers, who has served as the Director of the Office of the Advocate for Small Business Capital Formation, will depart the agency effective October 17, 2025. The SEC said in a statement that She has served as Director since January 16, 2024. Prior to serving as the small business advocate, she was a Professor of the Practice at the University of Denver Sturm College of Law and served as a practitioner, both in private practice and in-house, representing businesses from startups to public companies.
Cboe Global Markets has appointed two industry veterans to lead its Derivatives and Data businesses, according to a press release. Rob Hocking has rejoined as Executive Vice President, Global Head of Derivatives, and Brian McElligott has joined as Senior Vice President, Global Head of Cboe Data Vantage. Hocking will succeed Cathy Clay who is departing the company for a new opportunity. Hocking brings more than 25 years of experience in global derivatives markets and a strong track record for building new, innovative tradable products. In his new role Hocking will oversee Cboe’s global derivatives business, which includes futures and options markets in the U.S. and Europe, as well as a suite of globally traded proprietary products, including the S&P 500 Index options and VIX franchises. He rejoins Cboe having previously served as Senior Vice President, Global Head of Product Innovation. McElligott brings more than 25 years of experience in data and analytics. In his new role he will oversee Cboe’s market data and access services, global indices, risk and market analytics, and execution solutions services. His previous leadership roles include 14 years at CME Group where he was Managing Director, Global Head of Information Products, Analytics and Market Data.
Kepler Cheuvreux (KCx) has made changes within its organisational structure for its execution business, Global Trading reported. Robert Miller has been named global head of equity execution sales, while Bobbie Port takes on the role of global head of low touch and portfolio trading. Miller joined Kepler Cheuvreux in October 2024 as head of market structure and liquidity solutions. Before that he spent nearly six years at Vanguard, most recently as head of international trading analytics and strategy. Port has been with KCx for over 14 years, most recently serving as head of electronic distribution, and previously as deputy head of execution sales.
Ncontracts, a provider of integrated compliance, risk, and vendor management solutions to the financial services industry, has hired Sonja Tsiridis as Chief Technology Officer, according to a press release. Tsiridis brings two decades of experience scaling enterprise SaaS platforms across cybersecurity, healthcare technology, and B2B enterprise solutions. Most recently at Intel471, she led the transformation of disparate cybersecurity tools into a unified threat intelligence platform powered by real-time big data processing capabilities.
If you have a new job or promotion to report, let me know at alyudvig@marketsmedia.com
