The newly launched active managed fund harnesses Coolabah’s highly experienced team to actively exploit mispricings in cash and bond markets to generate daily liquidity returns that seek to exceed a target of the RBA cash rate plus 1.5% to 3.0% pa after all fees with an average A credit rating and relatively low-interest rate duration risk.

​“We’re excited to grow our ETP lineup with this new solution and provide investors with the opportunity for income and superior risk-adjusted returns in the short-duration fixed-interest sector,” said Luke Bouris, Chief Operating Officer at Coolabah Capital Investments. “The Coolabah Short

Term Income Fund (Managed Fund) (FRNS) can be a useful solution for advisers and individual investors alike to identify, and participate in, income-generating opportunities from around the world.”

​Investors can trade FRNS through their usual investment channels, including discount brokerage platforms and full-service dealers.

​“As an advocate and champion of the global ETP industry, we are proud to welcome the latest fund issued by Coolabah on to Cboe Australia,” commented Emma Quinn, President of Cboe Australia.

“Coolabah Capital Investments is a leading global active credit manager and it’s an honour to be selected as their venue of choice. We look forward to a collaborative partnership over the years ahead and providing the exceptional service and support that every issuer deserves.”​

Coolabah’s Bouris added: “We are delighted to be partnering with Cboe Australia as they grow their local presence. We’ve really appreciated their global reach and flexibility in supporting us with the launch of the Coolabah Short Term Income Fund (FRNS) and we look forward to expanding the partnership going forward.”

Cboe Australia consistently facilitates close to 40% of all volume traded in Australian quoted ETFs and approximately 20% of all volume traded in Australian-listed companies.

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Stephanie Duncan has been appointed as Head of Marketing and Communications for APAC, in supporting Cboe’s expansion in the region.

Based in Sydney, Ms Duncan will take responsibility for integrating Cboe Global Markets’ marketing and communications function across APAC, particularly for the growing Australian market.

Ms Duncan brings over 14 years’ marketing experience across a variety of financial services sectors including asset management, banking, and retail working for leading global financial institutions in Sydney including Citi, Schroders Investment Management Australia, and State Street Global Advisors.

Also joining the Sydney-based marketing team, Risa Iwamuro has been appointed as Marketing Specialist for Australia and Japan.

With experience across Australian and Japanese markets in both digital marketing and public relations, Ms Iwamuro will help further grow the Cboe brand across APAC, with a focus on Japan. She will also offer marketing support to regional sales teams.

Sarah Gardiner will also join the Cboe BIDS team in Australia as a Client Relationship Manager, reporting to Head of Cboe BIDS APAC, Murrough O’Brien.

Launched last week, Cboe BIDS Australia is a block and large-sized trading execution service that efficiently and safely knits diverse forms of liquidity together, allowing participants to execute large-sized liquidity efficiently and anonymously.

With more than five years’ experience in equity trading and sales within investment banks, Ms Gardiner has extensive expertise in Portfolio Trading, Direct Market Access (DMA), High Touch Operating and Prime/Delta One Sales.

She has previously held roles in Delta One Sales at Credit Suisse, and in Deutsche Bank’s Sales and Trading teams.

Cboe Australia President, Emma Quinn, said: “We are pleased to welcome these three talented individuals to the Cboe Australia team at a time when our business in Australia and the Asia Pacific region is continuing to go from strength to strength.”

“Sarah is passionate about providing and championing positive outcomes for clients, and her knowledge and experience will be an asset to our team as we bring BIDS Trading to more clients in the Australian market.

“Steph’s expertise across a range of financial services sectors within global firms in Australia, and Risa’s deep knowledge of the Japanese and Asia Pacific markets will help us extend our services to a wider range of clients across the region.”

The appointment announcement follows Cboe Australia’s successful final migration to Cboe technology on 27 March 2023, marking completion of an 18-month integration effort from its legacy Chi-X platform. With the migration to the Cboe technology platform, Cboe Australia now has the performance and capacity to better meet both current and projected future capital markets trading volumes for the entire Australian equities marketplace.

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Vic Jokovic

Cboe Australia (“Cboe Australia”) has announced the planned retirement of Cboe Australia CEO Vic Jokovic, effective March 31, 2023. Industry veteran Emma Quinn has been appointed as his successor and will assume the position of President, Cboe Australia, as of March 27, 2023. Mr. Jokovic will remain in an advisory role to help ensure a seamless leadership transition and will also continue in his current board roles with Cboe Australia and other members of the Cboe group.

Mr. Jokovic’s distinguished career spans more than 30 years in the Australian equities, derivatives and debt markets. Since joining Cboe Australia (formerly Chi-X Australia) in 2018, he has led the company to achieve a series of key milestones, including overseeing its successful acquisition by Cboe Global Markets (“Cboe”) in 2021 and the integration of its technology platforms and corporate functions post-acquisition.

“On behalf of Cboe, I would like to thank Vic for his steadfast leadership over the past five years,” said David Howson, President of Cboe Global Markets. “During his tenure, Vic helped Cboe Australia solidify its position as one of the world’s most innovative market operators by maintaining its focus on best-in-class technology, product innovation and client service, while guiding the company onward to its next phase of growth. Emma is a proven leader with significant experience in global capital markets, and I am confident she will continue to build on the foundation laid by Vic and take Cboe Australia to even greater heights.”

Vic Jokovic said: “It has been a privilege to serve as CEO during Cboe Australia’s period of transformation and I would like to thank our exceptionally talented team, whose hard work and dedication helped to build our business into one of the largest exchanges in Asia Pacific. When our planned major technology integration is completed, Cboe Australia will be positioned to realize the benefits of Cboe’s global network and resources, and I couldn’t be more excited for the future of this company as Emma takes the helm.”

Emma Quinn said: “It is an honor to be appointed Cboe Australia’s President at such a pivotal time in the company’s growth journey. Cboe Australia has firmly established itself as an integral piece of the country’s financial ecosystem, bringing innovation and market competition to benefit Australian markets and investors. I look forward to building on Vic’s legacy and working closely with the Cboe Australia team to continue executing on the many exciting growth initiatives ahead of us.”

Ms. Quinn joins Cboe Australia from AllianceBernstein, where she was Global Co-Head of Equity Trading. Previously, she served as head of Asia-Pacific Trading, head of Asia-Pacific Fixed Income and Australia Equities Trading, and head of Trading for Australia and New Zealand for the firm. Prior to joining AllianceBernstein in 2001, she worked as an equity trader at AMP Henderson Global Investors. Ms. Quinn holds a BBus in finance and business law from the University of Technology, Sydney.

In addition to announcing Ms. Quinn’s appointment, Cboe confirmed that Ade Cordell, previously President of Cboe Netherlands, has relocated to Singapore, assuming the role of President, Asia Pacific. Mr. Cordell is overseeing the business operations of Cboe Australia and Cboe Japan and leading Cboe’s planned further expansion into the region. Alex Dalley, Co-Head of Sales, European Equities, will replace Mr. Cordell as Head of Cboe Netherlands. Ms. Quinn will report into Mr. Cordell.

Cboe Australia is the country’s second largest securities exchange by volume traded, offering trading in Australian-listed securities, in addition to the exclusive trading of Cboe Australia quoted warrants and ETFs. The exchange accounts for more than 20 percent of total equity trading volume and 50 percent of ETF trading volume, as well as 35 percent of the Australian Warrant market.

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