Jersey City, NJ, January 28, 2019 -- Spotex, a developer of modular technology for the foreign exchange markets and ECN operator,
today announced it has hired Tom Reichel and Paul Beatty Jr.The executives will report to John Miesner, the firm's recently hired Executive
Managing Director and Global Head of Sales and Distribution.
Prior to joining Spotex, Reichel was Managing Director, FX Sales, at GTX. He previously held senior sales and trading roles at Hotspot
FX (now Cboe FX), Kingstree Trading and Chicago Research and Trading (CRT).
Beatty joins Spotex from TP ICAP. Prior to joining the broker, he was Global Managing Director, Tradebook FX at Bloomberg.
"We are fortunate to have Tom and Paul join the firm as we launch our institutional offering,"e said Miesner. "Both bring tremendous expertise
in foreign exchange trading, particularly concerning the benefits of ECNs for fund managers and other institutional market participants."
Reichel is a managing director and Beatty a director. They will be based in Chicago and Jersey City, New Jersey respectively.