People Moves

ICAP hires Coyne to lead fast-growing Traiana operation


ICAP has appointed well-known FX prime brokerage specialist Andy Coyne as chief executive officer of Traiana, its post-trade processing subsidiary that is aiming to build a dominant position across FX, exchange-traded derivatives and equity markets.

Coyne joins Traiana from Citi, where he was head of FX prime and eCommerce product, and will report to Traiana founder Gil Mandelzis – who is moving into the newly created role of executive chairman.

In his new London-based role, Coyne will be responsible for all aspects of Traiana’s global business across asset classes including foreign exchange, exchange traded derivatives, equities, equity derivatives,