FNG Exclusive… FNG has learned that longtime LMAX Group executive Scott Moffat has resigned from the company.

Scott Moffat was an early employee at London based institutional trading venue LMAX, joining in 2008 as head of operations after working for four years at gaming company Betfair, which at the time had an ownership interest in LMAX. After serving as LMAX’s COO from 2013-2017, he moved to Singapore for the company and has since acted as Managing Director Asia Pacific, heading and growing its operations in the Far East.

Mr. Moffat’s responsibilities for LMAX in Asia have been temporarily reassigned to Jeremy Barnes, the company’s former Global Head of Liquidity, who takes over on an interim basis.

LMAX Group CEO David Mercer said:

“Scott Moffat, Managing Director for Asia Pacific, will be leaving the firm to pursue new challenges and spend more time with his family. Scott skillfully led the growth of our Asian business and hands over responsibility to Jeremy Barnes, our former Global Head of Liquidity, who takes over on an interim basis.

I would like to thank Scott for his energy, expertise and commitment for more than a decade and wish him and his family all the very best for the future. He has built a leading player in the region and leaves the business in great hands.”