Electronic fixed income marketplace eSpeed has recruited Bloomberg Tradebook chief Kevin Foley as its new CEO, taking over from Lee Amaitis who is promoted to vice chairman.
Alongside of his executive responsibilities for Tradebook, Foley also served as global head of electronic trading and as global head of foreign exchange for Bloomberg, where he was responsible for electronic trading applications for equities, fixed income, energy and foreign exchange markets. He began his career with Bloomberg in 1990 as a fixed income product specialist.
In his new role, Foley will spearhead the creation and expansion of new electronic marketplaces and products, such as eSpeed's foreign exchange, equities and mortgage-backed securities platforms.