Ex-Futech Head Joins Fixed-Income Firm

Aug 18 2011 | 2:24am ET

Former hedge fund executive Kim Bang has been named CEO of retail fixed-income trading technology and execution firm BondDesk.

Bang joins BondDesk from Bloomberg, where he was chief operating officer for Europe, the Middle East, Africa and the Asia-Pacific region for Bloomberg Enterprise Products and Solutions and formerly led electronic trading platform Bloomberg Tradebook. But before he joined Bloomberg in 1996, Bang served as president of quantitative derivatives hedge fund Futech Capital Management.

“The opportunity to join BondDesk and help lead one of the most innovative companies in the fixed-income market was impossible to pass up,” Bang, who will be based in New York, said. “This market is ripe for further automation and technological advancement and BondDesk is already leading that charge.”

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