Appointment demonstrates firm’s continued US expansion and rapid client growth
Olivetree Group, a global financial services firm, today announced the appointment of Edward Laux as National Sales Manager of its US business. He will bring more than 35 years of experience with him, helping to grow the Olivetree Group proposition in the US market as traders and portfolio managers look to manage trading risk, reduce transaction costs and enhance portfolio construction.
Mr. Laux hire demonstrates the rapid growth and on boarding of new talent the US division of Olivetree Group has undertaken in the last year. The firm recently hired Chris Pilder as CEO of Olivetree USA, an industry veteran with a 27-year track record to grow the US business. Additionally, the firm also announced in March the demerger of its financial technology subsidiary, OTAS Technologies to further unlock the potential of both businesses, approved by the Financial Conduct Authority (FCA).
In his new role, Mr. Laux will be responsible for overseeing the team’s US sales force capability, and will report to Chris Pilder, CEO of Olivetree USA. Most recently, Mr. Laux served as Managing Director of Equity Trading at CRT Capital Group LLC for three years, and was responsible for information flow, capital commitment and execution of firm-wide orders. Previously, he also served as Head of U.S. Equity Trading at Cantor Fitzgerald & Company, where he was in charge of the execution, compliance and risk taking in handling orders for clients along with senior positions within firms such as A.B.N. Amro (Partner, Senior Managing Director) and Kidder Peabody (Managing Director, Co-Head of U.S. Equity Trading).
Chris Pilder comments: “Edward joins us at a time when Olivetree Group is rapidly expanding and increasing its footprint in the US sector. His expertise and experience will prove invaluable as we further develop our offering and continue to grow our team. I am proud to welcome Edward to the Olivetree family and look forward to working together.”
“I am thrilled to be joining the Olivetree Group in the US,” says Edward Laux, National Sales Manager, Olivetree Group. “My goal is to grow our market share in the region by attracting new clients and strengthening our existing relationships with traders and portfolio managers. Our product offerings and services have achieved enormous success in the European and Asian markets and I am excited to help expand our local presence in the years to come.”
Mr. Laux will be based in Olivetree Group’s New York office beginning his role on July 20th.