Omega ATS, the low latency alternative trading system for domestic and US-listed equities and fixed income instruments, today announced it has appointed Sean Debotte as Director of Business Development.
Effective immediately, Mr. Debotte will report directly to Omega's President, Mike Bignell.
The new role is designed to support Omega's growth objectives and ensure the company continues to innovate across its trading platform and business model. Mr. Debotte will also be responsible for obtaining subscriber feedback to ensure the venue meets users' changing demands while advancing Omega's commitment to efficiency in the Canadian marketplace.
With a background in proprietary trading, Mr. Debotte brings to Omega practical knowledge of the markets as well as strategic insights into traders' technology, operational and business requirements.
"We are delighted to welcome Mr. Debotte to the Omega team," states Omega President Mike Bignell. "His grass-roots trading experience will prove vital as we continue to develop our offering and ensure traders have the functionality they need to successfully navigate today's complex markets. With new regulations and even a new market structure on the horizon, having an independent partner working to improve market efficiency and interpret these changes is what the financial community needs and exactly what Mr. Debotte will help Omega to deliver."
Mr. Debotte adds: "I'm very excited to have joined such an ambitious and innovative company. The ability to be agile and respond quickly to the demands of users is an invaluable quality that we offer uniquely to the market. Omega works hard to ensure subscribers have what they need to remain efficient and profitable; getting out there and pounding the streets to make sure we get this right is a key part of our strategy."
Before joining Omega Mr. Debotte was a derivative strategist and proprietary trader at Infinium Capital Group, where he traded a variety of investment products and was responsible for developing new derivative trading strategies. Prior to that he spent six years at Swift Trade Securities Ltd. on the US Equities desk at their head office in Toronto.
Today's announcement comes hot on the heels of Omega's new free-to-use, impartial smart order router, as well as the addition of US-listed ETFs, blue-chip equities and fixed income instruments.