Exclusive: Abelee brings in BofA/Barclays alum Liam Hudson as CEO to expand FX
FNG Exclusive… FNG has learned that three-year-old mathematics based trading firm Abelee has gone outside to hire a new CEO, in the person of seasoned FX trading executive Liam Hudson.
Liam Hudson was most recently Managing Director – Global Head of Electronic FX at BGC Partners’ Fenics brand. He joined Fenics in 2018 after eight years at Bank of America where he served as MD – Global Head of FX Ecommerce, and before that two years at Barclays as Director – FX Algorithmic Execution.
Founded in 2017 by experienced academics, engineers, and traders, Abelee combines modern data science with a unique technology stack and deep knowledge of risk management to create adaptive data-driven models and strategies. The company states that its attitude is innovative and collaborative with the goal to create long-term partnerships built on trust. The company is a privately held investment firm, open only to founders, employees, and select affiliates.
Abelee is based in Oslo, London and Zurich. The company shared the following about Mr. Hudson’s hire on social media:
Liam Hudson joins Abelee as CEO!
We are proud to announce that Liam Hudson has joined Abelee as CEO as of January 1st 2021 to further grow our ambitious plans in Foreign Exchange and beyond. Liam joining is a testament to the continuing growth and development of Abelee.
Liam comes with 20 years experience in electronic trading for Tier 1 banks, including 9 years as Global Head of Electronic Trading at BAML as well as senior roles in Barclays and Lehman Brothers. He holds a Ph.D. in Physics from Imperial College, London.
“I am incredibly excited to be joining this talented team and contributing to the continued success of Abelee”, Liam said in a statement.
Current CEO Einar Brummenæs remain as Co-CEO for a transition period before taking on a new role as Chief Investment Officer. Einar comments:
“Three years ago we founded Abelee with the ambition to become a world class financial sciences company. Since then we have successfully developed models and technology, as well as establishing commercial partnerships with tier 1 prime brokers, platforms and clients. As we are now entering the next stage of commercial growth globally, Liam brings the knowledge and experience to execute our strategy. I am very excited on behalf of myself, the team and our shareholders!”.