Redkite Financial Markets,a specialist in real-time financial markets surveillance solutions,today announced the appointment of Matthew Coupe as sales director. Coupe joins Redkite as the firm scales up to meet increasing market demand from a financial services sector that needs to ensure compliance to global regulatory initiatives demanding real-time trade monitoring. The appointment follows Redkite’s recent investment from leading European VC firm DFJ Esprit.
Coupe joins Redkite from FTEN, where he was director of sales, focusing on High Frequency Trading, real-time risk and execution systems. Coupe is an expert in the post-MiFID regulatory landscape, how it has affected electronic trading and micro market structure and the implications for trading desks and compliance departments. He has previously worked for Turquoise Execution Services, Ullink and Thomson Financial.
Justin Amos, CEO, Redkite Financial Markets, comments: “With MiFID II and the Markets Abuse Directive review in the pipeline, and following ESMA’s recent consultation paper calling for further regulation around pre- and post-trade risk, and real-time Market Abuse Monitoring, market surveillance is high on the market’s agenda.”
Matthew Coupe, sales director, Redkite Financial Markets, comments: “Regulators, exchanges, and trading firms are taking significant steps to establish tighter scrutiny of trading practices and assess their own means to identify incidents of market abuse. Redkite’s real-time system has the functionality and flexibility, with rapid time to market and low total cost of ownership, to provide the solution of choice in market surveillance.”