Chicago-based futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) today announced the promotions of Matt Heidkamp to Executive Director, Chief Operating Officer (COO), U.S. for RJO and Gemma Lloyd to Chief Operating Officer, EMEA for the firm’s UK-based affiliate R.J. O’Brien Limited.

Both executives bring decades of relevant experience to the roles – with Heidkamp spending nearly his entire 29-year career at RJO in trading and operations and Lloyd joining earlier this year with more than 25 years of experience in client service and sales management roles in the listed derivatives space with brokerage firms, investment banks and asset managers.

Heidkamp started his career at RJO on the CBOT trading floor. He worked his way up with progressively more responsibility, managing all trading floors and back-office operations as the firm grew dramatically in the 29 years since he joined, including delivering solutions on several key acquisitions. Most recently, he served as Senior Director of Operations.

He received a Bachelor of Arts degree from the University of Illinois.

Lloyd joined RJO Limited in early 2023 as Chief Commercial Officer. Previously, since 2018, she was Chief Business Development Officer for G.H. Financials Group, serving on the management committee and leading all client-facing areas globally. She joined the firm in 2013 as Global Head of Service Delivery and was named Managing Director in 2016. From 2010 to 2013, she was Vice President, Derivatives Sales and Business Development for State Street GmbH, where she helped establish a new client clearing business for listed and over-the-counter derivatives.

Prior to that role, Lloyd was responsible for technical sales and business development at SEB Investment Management. Earlier in her career, Lloyd was a Clearing Supervisor at Chase Manhattan Bank and at Goldman Sachs. She began her career working on the trading floor of the International Petroleum Exchange (IPE) for ED&F Man.

Lloyd earned her Bachelor of Science degree in financial services from the University of Greenwich.