Chi-X has appointed Ulf Axman as head of European development at Chi-Tech, the technology services arm of the exchange operator formed from its recent acquisition of Cicada.
Axman's career includes extensive experience in the exchange trading, clearing and surveillance technology industry. Prior to joining Chi-Tech, he served in senior sales and business development roles in Europe and Asia at Nyse Technologies, OMX Technology and Computershare.
Hubert Holmes, EVP at Chi-Tech, says: "Ulf brings a great deal of experience in selling large-scale trading technologies and is well-known and respected by many exchange operators. We're excited to have him join our team and head our business development efforts in this important region."