Quantitative Brokers (QB), a global provider of advanced execution algorithms and data-driven analytics for global futures and interest rate markets, has appointed Timothy Gits as its chief sales officer responsible for the global sales team.
Gits will report to QB CEO Christian Hauff and will join the executive committee.
Based in Chicago, Gits brings more than 20 years of financial markets experience, the past decade of which was spent in various Deutsche Boerse business units.
Gits joins from Eurex where he worked for just over 11 years. He served most recently as global head of fixed income, funding and financing. He also served as senior vice president in business development at Eurex Clearing, as well as head of Americas fixed income sales for derivatives.
Before that, Gits held several management positions at Fortis Clearing American and US Futures Exchange.
The hire comes as QB marks the 10th anniversary of its first trade execution, completes the sale of a majority stake to Deutsche Boerse, and looks to make additional hires globally in the months ahead.
Hauff comments: 鈥淭his is a very exciting time for QB and our many clients and partners worldwide as algo trading and cost-effective execution moves front-and-centre in today鈥檚 markets.
鈥淨B has known and worked with Tim since 2013 and we have the greatest respect for him and look forward to working with Tim to continue our growth and expand the value that we bring to our clients as the leader in the algo trading revolution.鈥�
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