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Financial technology firm Rostro Group has named Saul Knapp as Managing Director of its new Futures and Options division, while he retains his existing role as Chief Risk Officer.
The London-based group is launching direct market access (DMA) futures and options trading through partnerships with Trading Technologies (TT) and CQG platforms. This will give clients access to contracts across major exchanges including CME Group, Intercontinental Exchange (ICE), and Eurex.
Saul Knapp, Rostro's Chief Risk Officer and MD of Futures and Options, commented, "Our expansion into futures and options comes at a time when we're seeing significant levels of innovation across the sector. The exchanges themselves, as well as those involved in the clearing and settlement processes, are working to make their products even more accessible, and we are now ready to leverage the opportunity this holds. We will be facilitating trade for smaller banks, brokers and other institutional investors who can benefit from our high levels of customer service, strong balance sheet and in depth knowledge of the products."
Knapp brings extensive derivatives experience, having started his career as a floor trader at the London International Financial Futures Exchange (LIFFE) in the 1990s, before moving into risk and trading positions at various London brokerages.
Rostro Group, established in 2021, operates regulated brokerages across six jurisdictions, offering execution and clearing services for listed securities and over-the-counter derivatives to institutional clients globally.
