UK news and information group Reuters has appointed Mark Redwood to lead its global sales and trading division.
The unit - which is Reuters largest and accounts for roughly 65% of the vendor's revenue - covers equity, treasury, fixed income and commodities and energy customers.
As part of his new role, Redwood will be responsible for leading the organisation's electronic trading strategy - one segment of Reuters' new "Core Plus" growth strategy.
Redwood was one of the founding shareholders and CEO of FX trading systems vendor AVT Technologies which was acquired by Reuters in 2002. He has since been responsible for the Reuters Next Generation Transactions Group.
Prior to AVT, Redwood held positions at JP Morgan in London in fixed income and exchange-traded derivatives.
He will be taking over responsibilities of the sales and trading division from executive director and president of business divisions Devin Wenig.