TradeZero names Ila Jehl as CEO of planned securities clearing business
TradeZero Holding Corp today announced that it had appointed Ila Jehl III and Colette Rex as the CEO and COO, respectively, of TradeZero’s planned securities clearing business.
The appointments are part of TradeZero’s plans to expand services and profit centers for its subsidiaries. As previously announced, TradeZero signed a definitive agreement in October, with Dune Acquisition Corporation, a special purpose acquisition corporation, which would result in TradeZero becoming a publicly traded company under the name “TradeZero Global Inc.”
Mr. Jehl has a long and successful career launching and managing domestic U.S. clearing and international brokerage operations. He joins TradeZero from Futu Holdings, the China-based online broker, where he was the CEO of Futu Clearing Inc.
Before that, he was founder and CEO of MB Trading in London and Canada, founded registered investment advisor KIP Partners, served as CEO of TradeOptimizer Group Inc., which managed the technology and algorithm systems for KIP Management, and held a senior position with clearing firm Penson Worldwide for 12 years.
Ms Rex has spent 37 years in the financial services industry, much of it in clearing and brokerage operations. She was most recently the COO of Futu Clearing and the EVP of Operations at Axos Clearing, and was an operations manager with Morgan Stanley and Grandview Group.
Prior to that, she held VP positions with AXA Advisors, LLC, The MONY Group and the Pershing division of BNY Mellon Bank.