LSEG FX, the foreign exchange division of the London Stock Exchange Group, has appointed Gavin Wells as its new Chief Operating Officer. Wells, who previously spent nearly a decade at LSEG, returns to the company after a period at Deutsche Börse’s 360T. His appointment follows a temporary role last year, in which he was brought in to oversee changes to LSEG’s FX business. Wells announced his permanent position on LinkedIn.
Wells first joined LSEG in 2008, working in post-trade clearing services such as ForexClear and CDSClear. He left in 2017 and later moved to 360T, where he worked on the development of its institutional FX business from 2020 to 2023. In 2023, he returned to LSEG on a contract basis to lead FX restructuring efforts, a role that has now been made permanent.
LSEG FX operates electronic trading venues including FXall, FX Matching, PriceStream, NDF Matching, MTF, and SEF, as well as providing reporting, compliance, and clearing services. Wells takes over as COO as the company looks to refine its FX operations.
