WATCHUNG, N.J.–(BUSINESS WIRE)–Sept. 10, 2003–Hotspot FXi today announced Rob Fleschler has joined the firm as global head of sales. In this role, Mr. Fleschler will be responsible for driving allof Hotspot FXi’s sales operations.
With over a decade of international experience in institutional foreign exchange trading and sales at firms such as UBS Warburg and JP Morgan & Co., coupled with the insights gained from the creation of his own firm, Mr. Fleschler has a track record of building successful businesses and global sales operations.
In his last role, as co-founder and COO of Mandarin Capital Technologies, Mr. Fleschler helped launch new Java software products and build sales operations and alliances for the company in Singapore, London and New York. Prior to Mandarin Capital, Mr. Fleschler worked at UBS Warburg for six years, where as FX Advisory Manager, he managed a highly effective Asian sales team that increased revenues by approximately 500 percent during his tenure and became one of the dominant fund teams in Asia during the 1997-2000 period. Before UBS Warburg, he worked at JP Morgan & Co. as a market maker for the OTC FX options desk and in institutional sales covering large hedge funds. Mr. Fleschler holds a B.A. from DePauw University with further concentration in international studies at Nanzan University in Nagoya, Japan.
“As Hotspot FXi continues to expand its client base and geographic coverage, it is crucial that we attract people who are among the best in the industry,” said John H. Eley, CEO of Hotspot FXi. “Rob has a successful track record in FX sales that few could emulate. We’re pleased to have him join the team.”
“As an ECN, Hotspot FXi has the best business model and technology that I’ve seen in the market,” added Mr. Fleschler. “Electronic trading has made great strides in the foreign exchange industry over the last couple of years. I’m excited to join a leader in the field.”
Hotspot FXi ECN
Hotspot FXi is the first and only liquid bank-to-client and client-to-client spot foreign exchange ECN. The platform is the first marketplace that allows institutional investors at major hedge funds, Commodity Trading Advisors, asset managers, other financial institutions and corporations to trade currencies directly with banks and one another, and input live bids and offers on an instantaneous and anonymous matching platform.
About Hotspot FXi
Hotspot FX Inc, the parent of Hotspot FXi, was formed in June of 2000 by a team of senior foreign exchange executives from major banks and investment houses. Hotspot FXi market maker and prime brokerage partner banks are among the largest and most successful global financial institutions. For further information, please visit the Hotspot FXi web site at www.hotspotfxi.com or e-mail us at [email protected]
