DR

David Rutter

Founder and CEO of R3

London, England

Invests in

Stages:

Sectors:

Locations:

  • Min Investment:

    $5,000.00
  • Max Investment:

    $50,000.00
  • Target Investment:

    $25,000.00

Skills

Customer Service
CEOs
English
Research
Public Speaking
Strategic Planning
Budgets
Financial Risk
Foreign Exchange
Fixed Income
Repos
Bonds
US Treasuries
Credit Derivatives
Swaps
Interest Rate Swaps
New Business Development
Team Building
Business Strategy
Electronic Broking

Education

Work Experience

2013

  • Founder and CEO

    2013

    As CEO David is responsible for running the day to day operations of R3 the enterprise software company. Leveraging relationships, 30 years of experience and deep market knowledge David works with R3 members to determine the investment thesis for the ventures group, the product set for the exchange business and to source and help scope consulting assignments. Through his industry engagements and Board seats David raises awareness of R3’s growing capabilities.

LiquidityEdge LLC

2015 - 2019

  • Founder

    2015 - 2019

    LiquidityEdge is the first alternative model for U.S. Treasuries to break into the market in over a decade. Founded by David E Rutter in 2015 and purchased by MarketAxess in 2019. LiquidityEdge’s bespoke trading ecosystem connects a trusted community of primary dealers, regional dealers, professional trading groups and buy-side clients. Participants can choose between one-to-one or many-to-many models, facilitating a combination of anonymous and/or disclosed streaming executable prices creating a bespoke order book for each participant.

2003 - 2013

  • CEO at ICAP Electronic Broking

    2003 - 2013

    CEO of the profit-leading division of ICAP plc, the world’s largest interdealer broker and then-FTSE 100 company Directed the world’s leading electronic institutional combined fixed income (BrokerTec) and foreign exchange (EBS) trading business Responsible for 500 staff located in all major global financial centers and serving 2500 customers worldwide Achieved consistent year-on-year double-digit increases in revenues (in excess of US$500 million per annum) and operating profit (50+% margin) before and during the severe market retraction precipitated by the global financial crisis Directed successful penetration of key emerging markets including Russia and Southeast Asia Built leading electronic NDF platform Creatively expanded the business model and shifted emphasis to fixed revenue streams associated with terminal fees, market data, colocation services leading to significant growth in revenue and profits Introduced major technology innovations and improvements to the fixed income and FX trading infrastructures resulting in dramatically increased throughput and decreased latency Maintained active, mutually consultative relationships with senior managers at the world’s most important central banks and regulators including the US Federal Reserve, the Bank of England, the Bank of Japan and the Swiss National Bank; as well as with senior-level leadership at the world’s leading global banks, exchanges, industry consortia and other key strategic and technology partners Member of ICAP plc Global Executive Management Team

Chicago Board Brokerage

1998 - 1999

  • Co-Chairman

    1998 - 1999

    Established joint venture between Chicago Board of Trade and Prebon Yamane to form Chicago Board Brokerage Launched ground-breaking single electronic trading platform for UST bond futures and UST cash securities Designed margin-efficient clearing solutions Offered significant cost-savings through cross-margining Accelerated CBOT’s transition to electronic trading of flagship futures contract

1988 - 1999

  • Managing Director, Americas; Managing Director, eCommerce; Executive Vice President, Money Markets

    1988 - 1999

    One of three individual shareholders of privately held Parent company of Prebon Yamane providing global interdealer brokerage services across asset classes in all major financial centers Launched new electronic trading business model, establishing the company as a global leader in transactional technology solutions Formed a joint venture with Enlaces to introduce screen-based trading technology in Mexico; established market leadership position and achieving 50% profit margins Managed Americas business of $US150 million and responsible for 500 staff in eight regional locations Built new, highly profitable Americas business units and reduced operating costs to achieve fivefold increase in profits during first three years in role Established profitable joint ventures in Argentina, Brazil and Mexico