Nick Cowan has over 30 years investment industry experience in Developed and Emerging Markets including five years as the Global Head of Equities for ING Barings serving as a Member of Executive Committee. Responsible for 2,500 employees in 43 countries, including 40 stock exchange memberships as well as numerous restructurings, turnarounds, acquisitions and divestments. He is currently the founder and Managing Director of The Gibraltar Stock Exchange.
The Gibraltar Stock Exchange is licensed by the Financial Services Commission (the Gibraltar regulator and competent authority) and has been open since 2014. It operates two markets: the Main Market, an EU regulated market recognised by ESMA and by the United Kingdom’s tax authority (HMRC) under S1005 (1)(b) Income Tax Act 2007; and the Global Market, a self-regulated market which is a Multilateral Trading Facility (MTF) as defined under the Markets in Financial Instruments Directive 2004 (MiFID).
Recently GSX has created the Blockchain Innovation Centre (BIC) as part of its ongoing drive to embrace newest technologies and combine them with the best practices from the GSX’s traditional regulated domain. As from the 26th September, the Gibraltar Stock Exchange is now part of Hyperledger, the open source collaborative to enhance cross-industry blockchain technologies.
Arrival: 5.30 pm
Drinks & Networking
Fireside Chat : 6.15 - 7.00 pm
Drinks, Canapes & Networking
*Tickets are available online or if not previously purchased door payment will be available.
Gibraltar's Financial Services Commission release of a draft of its upcoming regulatory framework for firms offering blockchain services set to come into effect from January 2018 together with their own announcements and setting up a stock exchange locally will be the topic for our November Fireside Chat.
Nick formed GSX as Managing Director and cofounder in 2012. In November 2014 GSX received its full license and formally opened the Gibraltar Stock Exchange. He is a specialist in investment business with over 30 years experience working in both Japan and Europe.
Born in England, Nick started work in 1984 working in Newton Asset Management in London before moving into investment banking trading Japanese derivatives at Japanese securities company Yamaichi. After being headhunted by Baring Securities he was posted to Tokyo in 1989 as Head of Trading (Managing Director) where he oversaw the transition from an open outcry trading system to screen based OTC. On returning to the UK in 1992, he was hired by Bear Stearns as Head of Trading (Managing Director) in their London office to help establish Bear as a leader in Emerging Markets.
In 1996, Nick joined ING Barings as the Global Head of Equity Trading, managing the global risk of Equities, Derivatives and Convertible Bonds with 250 traders in 24 countries. During his tenure Nick created and implemented globally Trading Practices, a protocol for order execution and risk management.
In 1999 Nick became Global Head of Equities (Executive Director) and Member of the Executive Board of ING Barings, overseeing 2,500 employees in 43 countries, revenues in excess of US$1 bln, 40 Stock Exchange memberships and large departments of Derivatives, Convertible Bonds, Prime Brokerage and Futures and Option Clearing in the main global financial centres.
Nick was also jointly responsible for Equity Capital Markets. During his tenure Nick oversaw a large number of acquisitions, divestments and restructurings to restore profitability for ING. In 2004 left ING Barings in order to run his own family office as a professional trader.
Executive positions at INGB included: Member of 4 man Executive Committee; Chairman of Equity Markets Executive Committee; Head of European Equities; Chairman of Global Underwriting Committee; Member of Global Risk Committee; Member of Financial Markets Executive Committee; Member of ING UK Management Committee; Member ING New Products Committee; Member ING Global Limits Committee and Member of ING Executive Council – (Top 20 members of ING) responsible for 120,000 employees in 135 countries.