Making sense of Rates & Fixed Income e-Trading


Company overview



ETLogic was founded in 2011, for the purpose of providing software and expertise to the investment banking industry. The founders had already been working on trading floors for many years prior to that, with detailed experience in requirements and solutions for e-trading platforms connected to the electronic markets in Fixed Income and Rates products.

ETLogic is a partner with Google, Amazon Web Services, and is a member of the FIX Protocol Limited trading community.



Stephen McDermott

Stephen worked in investment banking IT for 15 years including for JPMorgan, HSBC and BNP Paribas, and has in-depth technical and business knowledge of electronic trading systems. His roles have always been business-facing, and he is very versatile in being able to work on technical IT development but at the same time, working directly with trading desk heads, traders and business users, and directly managing projects with them.


Steven Bennett

Steven began his career as a developer for James Capel, a Gilt-edged Market Maker, and then progressed to business analysis and project management initially at HSBC and then JPMorgan and BNP Paribas, with nearly 20 years experience in the Fixed Income trading business area. His particular skills are in global electronic trading systems and integration with external systems, with a background in Rates Analytics and the design, building and testing of bond pricing systems and bilateral e-trading portals.


Garry Monaghan

Garry worked in Fixed Income trading for 24 years at Citibank, Barclays and BNP Paribas. His most recent role was European Head of Flow Rates Trading for BNP Paribas, where he was in charge of a team of forty traders.

As a trading desk head, Garry learned the importance having the best technology when contributing prices to multiple electronic trading platforms.

Since 2012, Garry has been working as a private investor. He co-founded and runs an FCA regulated consumer finance company and retains a keen interest in the financial markets.


Mark White

Mark is currently Chief Commercial Officer and Board member of an US$800 million global supply chain solutions business. Over the last 18 years, Mark has also held a Board level position in a US$2 billion NYSE listed public company, and has founded several successful technology companies and consulting firms.

Mark’s various business interests have featured in the Sunday Times Fast Track 100 League Table of Britain’s fastest growing companies four times in the last 15 years, one of which has more recently been recognised twice in America’s Inc.500/5000, the gold standard of entrepreneurial success.


UK Company Registration No: 7758369
VAT Registration No: GB 122 0905 59
Registered address: 57 London Road, High Wycombe, Bucks, HP11 1BS