LONDON--(BUSINESS WIRE)--G. H. Financials Group (“GHF”), a leading independent clearing firm for exchange-traded derivatives, announces the appointment of Mark Ibbotson as Group Chief Executive Officer, effective 7th October. Based in the London headquarters, Mark Ibbotson will be leading the global growth and expansion of the Group, which currently has offices in Chicago and Hong Kong.
Peter Lovell has been appointed to the position of Chief Executive Officer of G. H. Financials (Hong Kong) Ltd and will relocate to Hong Kong to drive the firm’s expansion in Asia.
John Foyle, Chairman of the Board of GHF, comments: “We are delighted to welcome Mark Ibbotson to GHF. Mark is a leading figure in the derivatives industry and brings deep experience and seasoned leadership to GHF at this crucial stage of our expansion. His appointment demonstrates our ambition and strong commitment to growing our business globally.”
Continuing, John Foyle remarks: “Peter’s move to Hong Kong marks our recognition that Asia, already a key driver of growth for the industry, will play a major role in GHF’s future development. Peter’s contributions to the firm over the past eleven years have resulted in significant growth and we believe he is the right person to drive new business in this key market.”
Mark Ibbotson joins GHF after a successful 23-year career at LIFFE where he served most recently as co-Chief Executive of NYSE Liffe with a focus on exchange trading, clearing and regulation and as Global Head of Clearing. He has a strong reputation in the industry for innovation, mentoring staff and colleagues and as a driver of major industry initiatives. Mark’s final major task at LIFFE was to oversee the successful transition of LIFFE’s clearing activities to ICE Clear Europe.
Peter Lovell joined GHF in 2002, first as Global Operations Officer and more recently as Chief Executive Officer of GHF. During his tenure, the number of exchange memberships, clients and clearing volumes all increased significantly. Peter was also instrumental in the implementation of new technology and the opening of a new subsidiary in Chicago.”
GHF has provided superior clearing and settlement services, on international derivatives exchanges, to professional traders and institutions around the globe since 1993. In the last twelve months, GHF has cleared over 250 million contracts on 26 exchanges globally. G.H. Financials Limited has consistently been one of the top five clearers on NYSE Liffe and, since July 2013, has been the largest clearing member by volume on that exchange.
GHF’s market leading technology, supported by around-the-clock service, gives its global clients instant access to the world’s leading derivatives markets. In providing order-routing access to these global derivatives markets, GHF takes pride in tailoring unique solutions to more than meet those needs. GHF helps its clients control risk through state of the art risk management systems and constantly monitors risk and safeguards its clients’ money. For further information, please visit www.ghfinancials.com.