EBS hires US sales head from Integral

Bruce Wolf, head of sales for the Americas at foreign exchange trading technology provider Integral, is leaving the firm to join EBS, just weeks after Integral co-founder Viral Tolat made the same move, becoming chief technology officer of EBS.

Wolf has been with Integral in New York since 2010, having previously worked at Citi for seven years, where he ran sales desks in New York, London and Zurich, focusing on banks and brokers. Before that he worked at Thomson Reuters in several senior sales management roles.

In his new role at EBS, Wolf will lead the global development and strategic direction of EBS's bank and broker customers. He will work closely with regional sales managers and account executives globally to formulate a strategy for growth. He starts on March 25 and will remain in New York, reporting to Jeff Ward, global head of sales in London.

EBS also announced today that Nichola Hunter and John Schoen have been appointed co-heads of EBS Market, the new name for the anonymous EBS platform, which will now sit alongside EBS Direct, its new relationship-based disclosed liquidity pool, which is to be managed by Ward. Hunter was previously global head of product management at EBS, while Schoen was global head of the EBS spot platform and market risk, reporting to Hunter. Both were promoted to those roles in April 2012.

In their new roles, Hunter and Schoen both sit on the EBS executive management team and will be responsible for the continued development of the platform, reporting to EBS chief executive Gil Mandelzis. They will define, implement and oversee the EBS Market product strategy and will continue to lead platform surveillance and monitoring, working to promote appropriate behaviour on the platform.

"The EBS Market is a fitting name for a platform that has been and continues to be widely regarded as the leading source of benchmark pricing for the global FX market. John and Nichola have led an important and very successful effort over the past year in partnership with the entire EBS community. We are very pleased with the progress we have made and are excited about our plans for the future. I'm delighted that Nichola and John will be leading our flagship platform and developing a number of important initiatives that will enable EBS to become a full solutions provider to the FX market, which I look forward to announcing in due course," says Mandelzis.