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Author: Jake Thomases
Source: Sell-Side Technology | 04 May 2012
Categories: People
Topics: Otkritie CapitalTechMoscow Interbank Currency ExchangeRussian Trading System Stock Exchange
He will be in charge of global electronic trading at the Russian bank.
In a return to the firm he co-founded, Mikhail Sukhobok has been named head of global electronic trading at Otkritie Capital, the investment banking arm of Moscow-based Otkritie Financial Corp.
Sukhobok spent the last year managing the merger of Moscow Interbank Currency Exchange (Micex) and the Russian Trading System (RTS) into the largest exchange in Russia. He handled integration in his previous role at Otkritie as well, as he was responsible for moving acquired businesses onto a single operating platform. He also led the firm's corporate finance division.
His new role includes oversight of direct market access (DMA) to the Russian markets.
"This is a very rapidly developing and competitive environment requiring regular changes and improvements, as well as strict supervision over business processes to make sure they are profitable,” says Otkritie CEO Igor Vayn.
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