CHICAGO--(BUSINESS WIRE)--Infinium Capital Management, a proprietary trading firm, today announced that Scott Rose has been named Chief Executive Officer, effective immediately. Rose most recently served as the Head of Trading (including both Market Making and Algorithmic trading) at Infinium. Charles (“Chuck”) Whitman, one of Infinium’s founders, will assume the newly created role of Chairman at the company where he will oversee a variety of new initiatives for the firm.
“Since joining Infinium in 2010, Scott has brought unparalleled expertise and insights to our business enabling us to enhance our position as one of the foremost providers of liquidity across our markets. I am confident that Scott’s deep experience in trading and technology, as well as his demonstrated success as a business builder, will ensure that Infinium continues to grow and develop in the future,” said Whitman.
Whitman continued, “Scott shares our vision for creating more efficient markets and his leadership will guide the continued success of our business and our culture for many years to come. With Scott as our CEO, I’m looking forward to working closely with him and the rest of the team as we pursue exciting new initiatives for the company.”
Rose said, “Infinium’s combination of trading expertise, leading technology as well as the entrepreneurial spirit of our team make it a truly exciting place to work. I’m delighted to assume this new role and look forward to working with all of my colleagues and our trading partners as we continue to develop solutions to enhance market liquidity and improve risk management.”
Rose has more than 25 years of experience in trading and financial services and has been instrumental in combining technological capabilities with trading expertise to create new platforms that contribute to greater market efficiency. Prior to joining Infinium, Rose was the co-founder and investment manager at Fox River Partners, LLC. Before helping found Fox River, Rose held senior roles at Citadel LLC where he was responsible for the launch of the firm’s equity options market making business and the development of the energy businesses. He started his career at Chicago Research & Trading and continued with the firm following its sale to NationsBank and then to Bank of America.
About Infinium Capital Management
Infinium, a proprietary trading firm founded in Chicago in 2001, is one of the foremost liquidity providers to the world’s futures, options, cash and derivatives markets. From its offices in Chicago, New York and London, its team of over 230 smart, ambitious people harnesses superior technology, financial engineering and risk management to make markets more efficient.