Newly appointed Director

Stéphane Malrait joins the Quorum 15 Board

In September, we are pleased to announce that Stéphane Malrait who is a
Managing Director and Global Head of Market Structure and Innovation for
Financial Markets at ING Bank joined the Quorum 15 Board as a Non Executive Director.

Stéphane is a long standing advocate of Q15 and has been a member of both our
Fixed Income & FX quorums in London for over 10 years. He is also a well respected
member of our FI & FX Advisory Boards and actively contributes to the agendas.

He has extensive knowledge within the industry and in his current role is responsible for following
market structure and industry challenges impacting the financial market industry.

Stéphane joined ING in 2015 to lead the bank’s e-commerce initiatives across all financial market
products and to develop the financial market group’s cross-asset e-commerce strategy.
Before joining ING, Stéphane spent eight years at Société Générale, where he was
Global Head of FIC e-commerce, creating an e-commerce business covering credit, rates,
money market, emerging market and FX. Prior to this, Stéphane worked at JP Morgan Chase for ten years,
serving in different roles in Global FX e-commerce Business Management and cross-asset e-commerce
technology, based in London and New York.

Stéphane is also a board member for several Fintech market initiatives and trading associations.
Since 2005 he has been active with the ACI Financial Market Association – an international non-profit
organisation that represents the interests of market professionals in foreign exchange and money markets.

Stéphane joins Richard Semark (UBS) & Ian Cohen (HSBC GAM) who collectively provide independent
guidance on Quorum 15’s strategy and performance.


For twelve years Quorum 15 has been bringing together senior executives from across the buy-side and sell-side to build consensus and help drive change in global financial markets. Through quarterly meetings around the world, Quorum 15 fosters dialogue, builds mutual understanding and identifies common opportunities and challenges. We work with and support regulators and industry associations in the promotion of fair, efficient and well-functioning financial markets.


Quorum 15 is independent and self-financed. Neither a lobbying body nor industry association, we bring leaders together in frank discussion to identify areas of consensus that can be fed back into their respective associations. Frankness is encouraged through our policy of operating under the Chatham House Rule. Fairness is ensured by our Competition Law policy which prohibits any discussion that could be considered in any way to be anti-competitive.


To ensure the agendas at each of our quorum’s only focus on what is most important to our members, an advisory board comprised of both buy and sell-side members has been established in each quorum location. In the run-up to every event that we run, three or four key topics are identified, put to the vote and from there the primary and secondary topics are determined – along with any guest speakers.

Latest News

If you are looking for the latest news about Quorum 15 or for more information about our quorums, take a look out our ‘Latest News’ page. With videos, photos and information from speakers at our international events, it’s a great place to start it you’d like to learn more about who we are and what we do. Our events calendar is also a useful tool – why not take a look at it today to find out more about our upcoming events?