Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. People moves news
  3. Koine appoints Hugh Hughes as chairman and CEO
People moves news

Koine appoints Hugh Hughes as chairman and CEO


19 February 2019 London
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
Hugh Hughes has joined Koine as chairman and CEO.

Koine, due to launch in Q2 2019, aims to provide institutional grade custody and settlement services to allow institutions to store digital assets securely and to trade them safely and efficiently.

In 2005, Hughes co-founded Fixnetix, a financial technology company.

Fixnetix built a low-latency network connected globally to trading venues that provided price discovery, trade execution and trade confirmation for the algorithmic trading desks of investment banks, hedge funds and proprietary trading firms.

In 2016, Fixnetix was sold for over $100million to the Computer Sciences Corporation, an NYSE-listed global provider of IT services.

Hughes was also CEO of Societe Generale Securities in London for 10 years.

Commenting on his new role Hughes said: “I am highly impressed with Koine’s vision and innovation to establish a critical component of capital market infrastructure—a segregated, institutional custodian of digital assets.”

He added: “I look forward to engaging with clients, investors, commercial partners and regulators. Together we will build a superb client offering, with significant purpose and value”.
Koine will launch in Q2 2019.”
← Previous people moves article

Citi China bolsters team
Next people moves article →

Universal Investment appoints new CEO
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Custodian
→ Hedge

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →