Sean McLoughlin has been appointed as the chief executive of interdealer broker BGC Financial’s Americas business, the firm has announced.
McLoughlin will take over the role from Louis Scotto, who will stay with BGC Partners to oversee “special projects,” according to BGC president Shaun Lynn, including the firm’s new Fenics UST product.
Most recently, McLoughlin was the director of new business development for North America at BGC, having joined the broker in 2012. He had responsibility for building out the firm’s commodity and equity brokerage business lines and the Mint brokerage business in the US, according to his LinkedIn profile.
Prior to his time at BGC, he was one of the co-founders and the CEO of Ticonderoga Securities, an agency broker with floor staff at the New York Stock Exchange. The firm became a casualty of the financial crisis in early 2012 and shut down.
Earlier in his career, he also served as the chief executive for North America for broker Collins Stewart, which was acquired by Canaccord in 2012.
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