FX industry technology provider Edgewater Markets has announced the appointment of Jilong Chen, Senior Software Developer, to their technology team based out of the New York headquarters. The appointment follows a series of senior technical hires at the firm, the most recent of which occurred earlier this month.
Founded in 2009, Edgewater Markets provides foreign exchange services to over 350 global institutional clients, providing complete software solutions for banks, asset managers, brokers, and other financial institutions to competitively and efficiently access and price into global markets.
“We are very excited to welcome Jilong Chen, a high-quality talent, to our global technology team,” commented Mike Johnson, Edgewater’s Development Lead. “Jilong brings decades of market experience to our growing development team, helping to propel our technology to the next level in bringing innovative solutions and architectural design to clients utilizing Edgewater’s proprietary software.”
Mr. Chen joins Edgewater as Senior Software Developer, where he will focus on the firm’s ultra-low latency proprietary core engine, joining a team committed to ensuring the high-performance Edgewater Markets clients have come to expect are maintained as the firm continues to experience significant growth. His career has centered on applying technology and innovation in high-frequency, low-latency distributed systems in UNIX/Linux for security trading, and trading strategies.
“I am looking forward to joining Edgewater’s development team and the opportunity to contribute to all aspects of in bringing ground-breaking solutions to financial markets.” stated Jilong. “Based on the focus and diversification of proprietary product offerings, the rapidly expanding global footprint, and the customized end user trading solutions being offered to institutional clients, Edgewater’s service offering is groundbreaking,” he commented.
Prior to joining Edgewater, Mr. Chen was Senior Developer at Susquehanna International Group, responsible for the low latency gateway systems. For over 10 years at Bloomberg LP, he was Senior Developer, and prior to that, was Senior Trading System Developer at Millennium Partners, supporting a high frequency/statistical arbitrage trading desk. Adding to his extensive background, Jilong was Senior Programmer/Analyst at Bear Stearns, and, Senior Programmer/Analyst at Credit Suisse, where he worked on Agora, a real-time equity-trading engine, at the hub of Credit Suisse’s FB’s global equities trading.
Mr. Chen earned his Master of Science, in Computer Science, at University of Waterloo. He received a Master of Science in Mathematics at the Institute of Mathematics Academia Sinica in Beijing, his B.S. in Mathematics at Nanjing Normal University in Nanjing, China and his PhD in Mathematics at McMaster University in Ontario, Canada.
Edgewater Markets is a global leader in technology driven multi asset electronic trading solutions to the institutional market. The company provides complete software solutions for banks, asset managers, and other financial institutions that optimize their trading, and competitively and efficiently access the global markets. Its suite of trading platforms, including EdgeFX.Pro and EdgeFXLatam, combine local market expertise with connectivity to the deepest and most diverse liquidity providers globally. Edgewater provides consistently competitive pricing for Spot, Swaps, Forwards, NDFs, Metals, and Digital Assets, and can be accessed over multiple channels (UI, API, WL, and third-party platforms).