Steve Sparke

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Steve Sparke
Steve sparke.jpg
Occupation Group Vice Chairman
Employer Marex Spectron
Location London
Website www.marexfinancial.com

Steve Sparke is a longtime industry executive who is currently group vice chairman of Marex Spectron. He was appointed to that role in March 2018 after ten years at Marex as chief operating officer.[1]

He is also a non-executive director of KRM22 and non-executive chairman of the FIA European Advisory Board.[2] [3] He took up the position in July 2007 when Roy Leighton retired from the board.[4]

Sparke was the chief operating officer of Marex, a London based futures broker, starting in 2006.[5][6]

During his time at Marex, he expanded the global footprint of the organisation with new regulated entities and offices opened in New York and Hong Kong and boosted the firm’s presence in Singapore. He directed the integration of multiple businesses, including the high profile acquisition of Spectron.

Background

Sparke's career spans 27 years in the UK financial-services industry, primarily in interest rate trading and futures and options brokerage. Most recently, he was managing director and global head of exchange-traded derivatives at UBS, and has driven a number of the technology-led changes within the futures commission merchant sector.

Before joining Marex Spectron, he was managing director and global head of exchange traded derivatives at UBS from 1994 to 2006 where he launched and led the bank’s ETD Clearing and Execution business. He headed the Short Term Interest Rates business at SBC London Branch from 1987 to 1994.

In 2008, he lead an FOA inquiry on the advantages and disadvantages of exchange-integrated clearing.[7]

He currently holds a number of executive and non-executive directorships, including Euronext.Liffe where he chairs the audit and risk committee, and Patsystems.[8] He is also a special advisor for the Futures Industry Association (FIA) board directors [9] and a member of the CFTC Global Markets Advisory Committee.[10] [11]

Education

Sparke graduated with a law degree from Nottingham University in 1979.

References

  1. Executive Committee. Marex Spectron.
  2. DIRECTORATE CHANGES: STEVE SPARKE JOINS KRM22 AS NON-EXECUTIVE DIRECTOR. KRM22.
  3. Leadership. FOA.
  4. Press Release. FOA.
  5. Group Board. Marex Financial.
  6. Steve Sparke. LinkedIn.
  7. Industry Association to Probe Exchange Clearing. FinExtra.
  8. Key Personnel. PatsSystems.
  9. Press Release. FIA.
  10. Global Markets Advisory Committee Members. Commodity Futures Trading Commission.
  11. CFTC, Toothless Regulator, Looks to Take a Bite Out of Derivatives. Huffington Post.