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Royalblue recruits Grob for derivatives push; Hegley to lead European invasion

18 October 2004  |  3604 views  |  0 trader_2

Stephen Grob, a founder and chief executive of futures and options technology vendor Future Dynamics, has been recruited by Royalblue to spearhead the company's push into the derivatives markets.

Royalblue says Grob's appointment is a key part of fulfilling plans to extend the Fidessa equities workstation into the derivative space.

Chris Aspinwall, CEO of royalblue says: "We are seeing a strong requirement for a high quality product that can support both the cash and derivatives markets."

Loss-making Future Dynamics was acquired by derivatives trading ASP Ffastfill in July.

As part of a wider push into continental Europe, RoyalBlue also has opened a new Paris office headed by Carla Hegly, the former European sales manager for Thomson AutEx, who was recruited in July.

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