IG rehires Alessandro Capuano to expand Exchange Traded Derivatives
Electronic trading major IG Europe, a unit of IG Group (LON:IGG), has announced that it today welcomes back Alessandro Capuano following his appointment in a new role as its Head of Exchange-Traded Derivatives (“ETDs”) with responsibility to further develop and expand its ETD client offering.
Mr Capuano rejoins IG from Fineco Bank, where he was in charge of their business development within the European Union for the last eighteen months, after leaving IG in March 2019. In his new role Mr Capuano will be based in IG’s Milan office and will report into Arnaud Poutier, Head of IG Europe.
Mr Capuano was at IG for nearly 13 years after joining the company in 2006. In his last role at IG, Mr Capuano was Head of Europe, and before that he held other senior roles developing IG’s European business, such as helping to establish Spectrum, IG’s Multilateral Trading Facility (MTF) as Co-Head of IG’s MTF Strategic Initiative.
Before that, Mr Capuano was IG’s Head of Italy for nearly 10 years in Milan and before that he started his IG career as its Head of Italian Desk in London for over two years.
IG’s European subsidiary, IG Europe, was established in July 2019 as part of IG’s contingency plans ahead of the UK’s exit from the European Union in order to have a fully functioning and operational European entity. IG Europe unites IG’s European branches in France, Italy, Spain, Sweden, Germany and the Netherlands into one legal entity, which is headed by Arnaud Poutier.
“I’ve spent a huge part of my career at IG and I still have so many strong friendships here, especially with Arnaud. I have always remained proud of being part of this team, which is so focused on product innovation, the development of cutting-edge technology and ensuring best-in-class service for clients. I’m hugely excited to be re-joining IG at such an exciting time in its development with the opportunity to increase revenue opportunities in the Exchange-Traded Derivatives business forward,” said Alessandro Capuano, Head of Exchange-Traded Derivatives at IG Europe.
“We are pleased to hire back someone of Alessandro’s quality and track record especially as he knows our team, our clients and our business so well. We’ve worked closely together for many years and I know his expertise and experience will further drive our ETD client offering forward. The ETD market in the European Union is a £1 billion opportunity, which is two times bigger than the Over-the-Counter (“OTC”) Derivatives market, and it continues to grow even faster. Alessandro’s appointment will help us to take greater share of this growing market opportunity, develop our European ETD capabilities and help IG Europe to become a leading broker,” said Arnaud Poutier, Head of IG Europe.