Brokerage firm Rostro Group, the operator of Scope Markets, announced on Thursday that it has made Saul Knapp Managing Director for Futures and Options.
Knapp, who is based in the group’s London office, will continue in his other role as the company’s Chief Risk Officer.
The appointment is part of Rostro’s new exchanged-traded derivatives product line, which will allow clients of the group to trade futures and options.
In a statement, Rostro said it had partnered with order management system providers TT and CQG to facilitate market access for its end clients. The new offering means Rostro clients can trade thousands of contracts offered by CME Group, ICE and Eurex.
“Our expansion into futures and options comes at a time when we’re seeing significant levels of innovation across the sector,” said Knapp. “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.”
