Philip’s arrival follows shortly after SteelEye announced plans to expand into North America and more recently opened an office in Portugal.

Philip has spent over 25 years in the financial services sector, most recently in business development for LiquidMetrix, supporting both buy and sell-side market participants with TCA and Market Abuse Surveillance solutions.

Prior to this, he worked for Abel Noser Solutions specialising in TCA and other Compliance solutions, in addition to providing consulting services to help firms reduce their overall trading costs while optimising their execution processes.
Philip started his career at electronic agency broker, E*TRADE, where he managed the Support Desk for institutional clients. His several years with E*TRADE also included a role in Product Management after which Lemmon moved into a Sales role at Pipeline Europe, an electronic MTF venue specialising in block matching and algorithm alpha capture.

Commenting on the appointment, Matt Smith, Chief Executive Officer at SteelEye said: “Philip’s experience and sector expertise makes him a great fit for SteelEye. During a time of rapid transformation across the sector, I’m confident our clients will benefit from Philip’s detailed knowledge of front-office technology and trade surveillance tools, and I look forward to working closely with him during our next phase of growth.”

Philip Lemmon added: “I am thrilled to join SteelEye at such an exciting stage for the business. SteelEye’s solutions are truly unique and can add immense value to financial firms as the regulatory landscape continues to change and evolve.”