FNG Exclusive… FNG has learned that longtime London based CME Group executive Kyle Jannece is leaving the company.
Kyle Jannece has served as Head of Mid-Matching for CME Group since 2018, managing CME’s Mid-Matching products (Cash Markets Division), which includes the eFix Matching Service and Hedge liquidity pools. He also led the Sales, Product and Business Management efforts behind this product segment.
Kyle Jannece joined CME Group via its 2018 acquisition of BrokerTec, where he worked in a similar role from 2015-2018. He has also previously worked at LMAX, LCG, and ICAP.
CME’s eFix Matching Service acts as a risk reduction tool and matching utility for client fixing orders, covering a multitude of FX Benchmarks such as the WMR, BFIX and MOEX. The service allows banks to offset bilateral benchmark risk prior to its calculation period.
Kyle posted the following note today on social media regarding his departure from CME.
After 10 years managing the efforts behind the eFix Matching Service and guiding it to a market leading position, the sun has set on my time with the product. This will be my last week with the CME following eFix’s success…
I’ve been fortunate to deal with an amazing set of people and am truly grateful to all of you who have made the service what it is. I’ve been very lucky when it comes to who I have been able to work with.
I’ve definitely got another couple of big wins to come, so happy to chat if anyone has any openings in the space. After taking some time with the family, I’ll be keen to see how things are – I’ll be around to from September.
Thank you for all the support, onwards and upwards to the next effort. I’m really pleased with what has been achieved over the past 10 years in the role and appreciate you all for it.
Until next time….