People Moves: R3, Hazeltree, PJ Solomon, PEAK6, Algo-Logic and StarCompliance

A look at some of the key "people moves" from this week, including Kevin O’Connor of Algo-Logic (pictured).

kevin-o-connor-algo-logic
Kevin O'Connor, Algo-Logic

Algo-Logic Systems Hires Sales Director

Chicago-based FPGA trading and risk management solutions provider Algo-Logic Systems has hired Kevin O’Connor as sales director for North America.

O’Connor was most recently VP and head of North American sales at low-latency trading hardware supplier Enyx, prior to which he was a sales executive at hardware-based feed handler vendor Celoxica, an account executive at software vendor Firm58, and a salesperson at feed handler and data platform vendor SR

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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