Chicago-based futures brokerage and clearing firm R.J. O’Brien & Associates announced that Mark Donlon joined the firm to lead a newly established OTC swaps sales and trading desk. The desk will be Initially focused on US dollar interest rate swaps then it will expand on the services provided to existing RJO institutional clients as well as introduce new clients to the firm.
Donlon is based in New York and will report to RJO Chief Sales Officer Dan Staniford at his new position of executive director Interest Rate Swaps.
Donlon has nearly 30 years of experience in OTC and listed derivatives with a specialty in fixed income sales and trading at financial institutions. He established and operated large global interest rate swaps businesses for Citigroup Global Markets and RBS (Royal Bank of Scotland) Securities (now NatWest Markets Securities) and was a key player in building and leading the rates swap execution facility (SEF) at GFI Group.
Dan Staniford commented:
Dan Staniford
Source: LinkedIn
Mark is an outstanding addition to our team. He is ideally suited to lead our first foray into the interest rate swaps market, which will be a great complement to our existing institutional fixed income futures and options services. As this business has evolved and matured, many of our clients have expressed interest in our ability to provide them with a swaps offering. We have some of the most highly regarded interest rate futures brokers in the business, and our new desk will offer them a powerful new tool to broaden their investing and hedging capabilities on behalf of our clients. Mark’s extraordinary relationships in the industry will also introduce new clients to the firm, who likewise will then have access to our deep futures expertise.