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DMALINK® Appoints Former Lloyds Bank Senior Executive as CEO


LONDON - JUNE 4, 2019FOR IMMEDIATE RELEASE The appointment of a CEO follows DMALINK’s plan to scale its stake in the electronic communication network (ECN) space with particular focus on buy side execution services, advanced analytics and RegTech. DMALINK’s Board of Directors has appointed Manu Choudhary as CEO effective June 1, 2019. With over 16 years of cross asset OTC derivative sales & structuring experience, his role, in co-operation with the founders, will be to solidify leadership, head global strategic partnerships and build out the product suite proactively. Manu has joined DMALINK after spending 12 years at Lloyds Bank across Sales & Trading, and Capital Markets. He spent over a decade in FX Options & Rates Sales where he worked closely with private side M&A teams, large corporate clients and financial sponsors. Most recently, Manu worked in acquisition finance origination, providing senior loan, mezzanine and high yield financing to support acquisitions by financial sponsors. During this time, he had the opportunity to advise several, now highly successful, FinTech start-ups. Prior to this, he spent several years at Barclays Capital in FICC Sales, providing an advisory and marketing service to Financial Institutions and large corporate clients, that entailed structuring, selling and executing exotic interest rate, inflation, commodity and currency option solutions. Manu started his career in FX as a currency strategist at XE.com (formerly HIFX). DMALINK’s Founding Partner Michael Siwek, commented: “We have been able to poach a true innovator from the sell side and are excited about the intellectual curiosity he will bring to the organisation supporting LD4 and Singapore expansion plans.” “Manu brings a wealth of complementary knowledge and deep client relationships to the DMALINK platform”, said Ashwind Soonarane, Managing Partner. His appointment strengthens our ability to generate new intellectual property and to serve our clients’ execution, analytics and regulatory needs. Manu Choudhary added about joining DMALINK:

This is a truly exciting opportunity to help scale one of today’s most disruptive and independent FX focused ECNs. DMALINK’s unique business model, advanced analytics and the predictable immediacy the platform brings to EM pairs, was a huge attraction to me. Source:

Media and Press Liaison Office +44 (0) 20 7117 2517 media@dmalink.com ABOUT DMALINK DMALINK® is a bank and exchange-independent ECN for professional Foreign Exchange traders streaming anonymous and bilateral, proactively tailored and sustainable pricing with particular focus on Emerging Markets, Scandie crosses and CE3, powered by Tier-1 central clearing Prime Brokerage access. The platform services industry leaders including Banks, Funds, CTA’s, Money Managers and Proprietary Trading Firms who demand tradable rates during volatile market conditions across non-G-7 pairs. DMALINK® is the only institutional ECN enabling market makers to trade with all platform participants at no cost.

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