Froschauer joins LXM from the Nomura Group, where he was Managing Director with Instinet in Global Sales Trading in New York. He will be responsible for building trading relationships with North American based Global Institutional Asset Managers by identifying equity and fixed income trading opportunities. Froschauer will work hand in hand with LXM’s strong global broker partnerships, held in high regard by many fund managers, in delivering valuable local access and knowledge from our unique global broker dealer network.
Froschauer's background in financial markets and his proven leadership qualities will enhance LXM's existing operations in the US. He has extensive industry experience with a career spanning 23 years. Prior to Nomura, Froschauer held roles at Lehman Brothers as Senior Vice President in International Sales Trading (2007-2008) and Goldman Sachs as Vice President in International Sales Trading (1999-2007). Responsibilities included running the international component of global trading calls and covering international trading accounts.
Matthew Mavridoglou, CEO of LXM Group, said: “We are delighted that Joe has joined the Group. His breadth and depth of experience in the industry will be invaluable during this exciting phase of development for the company.”
Froschauer added: “I am very pleased to be joining such a dynamic team and I look forward to growing the business. In my new capacity, I am particularly looking forward to working with LXM’s range of clients from international investment banks to smaller investment funds'.