Marex names new head of clearing, Americas

Stephen Hood has been promoted from leader chance officer, North The united states to go of clearing, Americas at Marex.

He started operating with Marex following its acquisition of ED&F Guy Capital Markets in 2022, the place he has served as world leader running officer and world leader chance officer. 

In a statement on social media, Hood defined: “I’ve had the chance to increase deep relationships with our shoppers and stakeholders, witnessing the implausible expansion of our clearing trade in the United States. 

“In my new position, I’m excited to proceed riding this expansion, operating with our companions to ship the industry-leading provider and effects the Marex staff is understood for.”

Previous to becoming a member of ED&F Guy Capital Markets, New York-based Hood spent 12 and a part years at MF World, maximum not too long ago as US head of marketplace chance. 

Ahead of that he labored as an choices marketplace maker on the American Inventory Change, and a programmer at Prebon Yamane.