Prop Firm Simplex Trading Taps Managing Director of Strategic Business Development

Simplex Trading, a leader in the proprietary trading and market making industry, has appointed Ben Londergan as Managing Director of Strategic Business Development, with remits of helping Simplex grow by expanding partnerships and expanding the firm's current core business into new products and geographies.

"Simplex Trading has seen significant growth over the past 10 years, but there are some areas we can still target," said Londergan. "Simplex Trading has excelled at building a business the right way, and this has been evident in the speed and scale of their growth over the last decade. Finding a role where I could wear multiple hats, and contribute in multiple ways, feels like a perfect fit."

Based on his LinkedIn profile, Ben Londergan most recently was Director of Edison Partners, which helps CEOs and their teams grow and scale successful companies. Between November 2021 and January 2024, he was Managing Director, Head of Finance Division at Optios Inc. 

Besides, he served as Senior Advisor at market maker Belvedere Trading, LLC, Managing Director at PEAK6 Investments, President at Dash Financial Technologies, as well as Executive Managing Director, CEO of LiquidPoint at Convergex.

Londergan also held board positions at the Chicago Board Options Exchange, MIAX Exchange Group, TraderTools. Earlier in his career, he spent approximately sixteen years at Group One Trading, LP, a privately held options market making firm, with roles including CEO.

"Simplex Trading is excited to continue growing our business with Ben's help," stated Simplex Trading CEO, Erik Swanson. "I've known and worked with Ben for many years and seen that he has the skills and expertise needed to expand Simplex in new directions."