LMAX Grouphired Ilya Khazen, a former executive at Goldman Sachs and Societe Generale, tolead cross-asset sales across the Americas, as the London-based institutionaltrading platform doubles down on the US market.LMAX Names Khazen to LeadUS Cross-Asset SalesKhazen willwork from New York in a newly created role, overseeing sales of LMAX's combinedforeign exchange and digital asset products to institutional clients. He'llreport to Chris Knight, who manages LMAX Digital, the company's crypto tradingarm.The hirecomes as major banksand asset managers inch closer to active crypto trading, prompted by whatLMAX sees as improving regulatory clarity in the US market. The companyoperates separate platforms for FX and digital assets but ispushing a unified offering to institutions."Ilyabrings a wealth of both digital assets and traditional finance experience toLMAX Group and can hit the ground running as the world's biggest banks andasset managers ready themselves for active crypto engagement," LMAX CEO David Mercer saidin a statement.Related: LMAXGroup Enters FX Swaps with FX HedgePool AcquisitionFrom Goldman to LMAXBeforejoining LMAX, Khazen served as Director and Co-Head of Sales at CopperTechnologies, where he handled client relationships and revenue generationacross North America. He previously held management roles at Goldman Sachs andSociété Générale."I'mdelighted to be joining LMAX Group to further build its cross-asset offering atsuch a critical juncture," Khazen said. The executive highlightedLMAX's position in both traditional FX trading and institutional digitalassets.Some timeago, LMAXalso appointed Luke Dorney to lead its digital asset custody growthstrategy. Dorney, who previously held various roles at Blockdaemon, joined thegroup as Head of Custody.Higher Trading VolumesTradingvolumes on LMAX Digital have shown strength recently, with the platformrecording $5 billion in notional volume last week, up 60% from the previousweek. The company has been vocal about seeing increased institutionalinterest as regulatory frameworks take shape.The firmoperates under multiple regulatory frameworks, including FCA oversight in theUK and Gibraltar Financial Services Commission regulation for its digital assetplatform. LMAX runs matching engines in London, New York, Tokyo and Singapore,serving clients in over 100 countries.This article was written by Damian Chmiel at www.financemagnates.com.