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Saxo Capital Markets UK (SCML), the UK subsidiary of Saxo Bank A/S, has appointed Anthony Belchambers, former chief executive of the Futures & Options Association, as a non-executive director.
Belchambers joins from FIA Europe, formerly the Futures & Options Association, which he founded in 1992 and where he was chief executive until March 2014. He remains a special adviser to FIA Europe.
During his time at the association, Belchambers founded and led many cross-industry initiatives and groups, including MiFID Connect, the Joint Association Financial Transaction Tax Group, the Transatlantic Coalition on Financial Regulation and, more recently, the International Cross-Border Regulation Forum.
Belchambers is co-founder of the Advisory Group to the European Parliamentary Financial Services Forum and founder of the Associate Parliamentary Group on Wholesale Financial Markets and Services. He continues to serve as deputy chairman of both organisations. He is also founder of the Transatlantic Coalition on Financial Regulation and has sat on various committees, including at HM Treasury and the Chartered Institute for Securities & Investment.
Nick Beecroft, chairman of Saxo Capital Markets UK, says: “We welcome Anthony to the board of SCML, where his extensive market and regulatory knowledge will be extremely valuable to our organisation at a time of unprecedented change in the industry. Additionally, his experience and expertise in financial markets will be a tremendous resource to the board as we continue the build-out of our institutional business with London as a major centre of our operations.
Belchambers says: “I am pleased to be joining SCML at a time when the bank is expanding its offering to institutional clients. More than ever before, financial institutions need flexible, sophisticated trading infrastructure and reliable post trade services to allow them to focus on their core businesses. I look forward to working with a company that is committed to responding to the needs of market participants through ongoing innovation.”
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